VNG Joint Stock Company reported a rise in profits for the third quarter of 2024.

They saw revenues for the first nine months reach 6,892 billion dong (US$287 million). Adjusted net profit from business activities hit 424 billion dong (US$17.67 million).

This marks an improvement from a loss of 123 billion dong (US$5.13 million) during the same period in 2023.

Zalo, part of VNG’s core business, improved its performance through value-added services. Monthly active users increased by 3%, totaling 77.6 million.

VNG Digital Business, another segment, experienced a 58% revenue increase with positive results from global markets.