Saigon Water Infrastructure Corporation recorded a loss in the first quarter of 2025
Saigon Water Infrastructure Corporation (Saigon Water), ticker SII, recorded a loss of VND 49.9 billion in the first quarter of 2025. This loss followed a record profit in 2024, which was primarily driven by extraordinary financial revenue from the sale of shares in Tan Hiep Water Investment Joint Stock Company. For its 2025 business plan, Saigon Water projected a further loss of VND 22.92 billion.
Saigon Water Infrastructure Corporation (Saigon Water), ticker SII, recorded a loss of VND 49.9 billion in the first quarter of 2025. This loss followed a record profit in 2024, which was primarily driven by extraordinary financial revenue from the sale of shares in Tan Hiep Water Investment Joint Stock Company. For its 2025 business plan, Saigon Water projected a further loss of VND 22.92 billion.
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