The company recorded a post-tax profit of 9.98 billion VND (380,000 USD), a 198% increase from the 3.34 billion VND recorded in the first six months of 2024.
The sharp rise was largely driven by financial income, particularly 23.6 billion VND earned from interest on deposits and loans.
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A section of the Nhon–Hanoi Station Metro line |
By the end of the reporting period, the company held more than 83 billion VND in bank deposits, nearly double the figure at the beginning of the year.
For 2025, Hanoi Metro has set a target of 878.4 billion VND in total revenue, marking a 40% increase from 2024. Pre-tax and post-tax profit targets are set at 27 billion VND and 20.7 billion VND respectively. With half the year gone, the company has achieved more than 50% of its revenue target and nearly 50% of its post-tax profit goal.
In terms of core operations, Hanoi Metro aims to transport 19.3 million passengers in 2025, with a total of 159,732 train journeys. Passenger transport revenue has reached 111.5 billion VND, accounting for roughly one-eighth of the company’s total revenue.
Currently, the company operates two main metro lines. The Cat Linh–Ha Dong line is 13 kilometers long, entirely elevated, with 12 stations. Each train has four carriages, a capacity of 960 passengers, a maximum speed of 80 km/h and an average operational speed of 35 km/h. It takes 23 minutes to travel the full length of the line.
The Nhon–Hanoi Station line spans 12.5 kilometers, including an 8.5-kilometre elevated section from Nhon to Cau Giay and a 4-kilometre underground segment from Cau Giay to Hanoi Station. The trains on this line have a maximum capacity of 950 passengers.
At the end of July, the Government Inspectorate announced plans to inspect several major projects under the Ministry of Construction that show signs of delays, inefficiency and potential risk of budget losses. Among them is the Cat Linh–Ha Dong urban railway project, which has a total investment capital of 18 trillion VND.
Source: VNA