Analysis Center

1Q2026 business results were unfavorable due to lower handovers of industrial park (IP) and residential land compared to the same period last year. However, we maintain our full-year 2026 forecast, expecting IP handovers and profits from JVs and associates...

HDG announced Q1/2026 results, reporting VND684 bn in revenue, +14% YoY, and VND103 bn in NPAT, -50% YoY, fulfilling only 9% of the company’s plan and 10% of ACBS’s previous 2026 forecast. The weaker YoY performance was primarily attributable...

Despite 10.1% YoY growth in EAT, the company reported an 8% YoY slide in net revenue in 1Q2026, attributed to plant maintenance, late delivery of some raw materials and increasing competition in the EU-GMP drug segment. We revise 2026...

PC1 announced Q1/2026 results, reporting revenue of VND2,168 bibnllion, +17% YoY, and NPAT of VND270 bn, +86% YoY, fulfilling 26% of the company’s plan and 18% of our 2026 forecast. The strong Q1/2026 performance was primarily driven by robust...

The company reported splendid 1Q2026 with an EAT upturn of 117% YoY, better than our expectation, driven by expansion in the 24K gold-excluded gross margin.  We revise 2026 EAT projection by 21% to VND3,982bn (+40.8% YoY) and our target...

1Q2026 business results witnessed a sharp decline due to low industrial park (IP) land handovers. However, we maintain our 2026 full-year forecast, expecting the Que Vo Expansion 2 and Trang Due 3 projects to start handovers and revenue recognition...