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Thursday, October 30, 2025

BAF profit plunges 62.6% in Q3

The Saigon Times

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HCMC – BAF Viet Nam Agriculture Joint Stock Company  (HOSE: BAF) has reported a 62.6% drop in post-tax profit in the third quarter of 2025 to VND22.46 billion, as weaker pig prices and adverse weather conditions hit the livestock sector.

Its Q3 revenue reached VND1.14 trillion, down 13.5% year-on-year. BAF attributed the decline to lower pig prices, averaging VND50,000–55,000 per kilogram, and the impact of storms and floods in central Vietnam, which drove up farming and transport costs.

Despite the weak quarter, BAF’s nine-month profit surged 70.2% to VND365.34 billion on revenue of VND3.65 trillion, down 7.1% year-on-year, fulfilling 57.2% of its full-year profit target.

Closing the trading session today, October 30, BAF rose 1.9% to VND32,100 per share with over 3.07 million shares traded, valuing the firm at around VND9.76 trillion.

The VN-Index lost 16.26 points, or 0.96%, to close at 1,669.57, with 148 gainers and 175 losers. Trading volume totaled nearly 797 million shares worth VND23.83 trillion, down 11.3% in volume and 7.5% in value against the previous session.

Bluechips drove the market lower, led by VIC (-3.7%), VRE (-3.8%), and LPB (-3.5%). On the contrary, FPT gained 1%, and VHM inched up 0.2%. Mid- and small-cap stocks were bright spots, with KHG, LDG, and several others hitting their upper limits.

VIX slumped 7% to VND29,300 with heavy foreign net selling, while SHB edged up 0.6% to VND16,900, leading the market by liquidity with over 71.8 million shares traded.

On the Hanoi exchange, the HNX-Index shed 1.08 points, or 0.4%, to 266.96, with 74 advancers and 78 decliners. Total matched volume reached 81.65 million shares worth VND1.84 trillion.

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