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The firm said its net revenue decreased 13% on year to VND338.97 billion in the quarter due to difficulties in real estate market.
Gross profit increased 40% thanks to higher sales in confectionary.
Financial income plunged 76% on year due to no earnings from transferring shares as in Q3/2010.
Financial expenses increased 57% on year due to higher lending interest rates in the period.
Selling expenses and general and administrative expenses also increased as the firm expanded its business scale.
Profit from associated companies plunged due to the policy of tightening credit and real estate loans of the State Bank in 2011.