Analysis Reports

DEO CA TRAFFIC INFRASTRUCTURE INVESTMENT JSC (HHV VN) In 9M2025, HHV recorded revenue of VND2,596bn (+13% YoY) and NPAT of VND406bn (+31% YoY), fulfilling 72% and 86% of its targets and 67% and 79% of ACBS’s forecasts, respectively. We...

PC1 announced Q3/2025’s result with VND3,278 bn in revenue, +47% YoY, and NPAT of VND394 bn, +52% YoY. Cumulative 9M2025, NPAT was VND704 bn, +22% YoY, fulfilling 84% its plan and 76% ACBS’s forecast for 2025. The positive performance...

HOA SEN GROUP JSC (HSG VN) A gloomy 3Q2025 business result was due to a decline in output along with a narrowing gross profit margin due to increased input HRC prices. Looking ahead to 2026, the coated steel industry...

HDG announced Q3/2025 results with VND713 bn in revenue, +26% YoY, VND337 bn in NPAT, +85% YoY. For 9M2025, HDG recorded NPAT of VND570 bn, +5% YoY, achieving 54% its plan and 53% ACBS’s 2025 forecast. The results were...

NAM KIM STEEL JSC (NKG VN) A gloomy 3Q2025 business result was due to a decline in output and selling prices along with a narrowing gross profit margin due to increased input HRC prices. The outlook for NKG is...

REE announced Q3/2025 results with VND2,552 bn in revenue, +26% YoY, and  VND674 bn in NPATMI, +40% YoY. For 9M2025, NPATMI reached VND1,908 bn, +45% YoY, fulfilling 79% of the company’s plan and 80% of ACBS’s 2025 forecast. The...