Analysis Center

The company announced a surge of 24.6% YoY in net revenue and 54.9% YoY in EAT in 1Q2026 on the low base in the same period last year. Overseas revenue was in the limelight for sustaining an encouraging momentum,...

2026 Business Results: In Q1 2026, MCH recorded revenue of VND 8,472 billion (+13.1% yoy), after-tax profit of VND 1,800 billion (+11.5% yoy) with a stable gross profit margin of 46.7%. In Q2 2026, the company expects revenue growth...

1Q2026 profit increased sharply mainly thanks to a goodwill gain of VND285 bn from the acquisition of the An Lap project. We adjust our projected NPATMI upwards by 18% to VND1,489 bn (+42% YoY) to reflect the aforementioned profit....

PVT reported Q1/2026 results with NPAT reaching VND 387 billion (+39.8% YoY and +12.3% QoQ), in line with our expectations. With this result, PVT has completed 32.3% of its full-year target. We recommend BUY with a target price of...

GEG announced Q1/2026 results, reporting VND767 bn in revenue, -31% YoY, VND264 bn, -57% YoY. These results fulfilled 69% of the company’s plan and 60% of ACBS’s forecast for 2026. The first quarter is typically GEG’s strongest quarter of...

1Q2026 revenue and NPAT were flat, while NPATMI dropped 37% YoY due to an increase in minority interests. Sales performance remained positive despite the high-interest-rate environment. We revised our 2026 revenue forecast up by 10% and NPATMI up by...