Analysis Reports

DPM announced Q3/2025 business results with NPAT of VND239 billion (+259% YoY and -42% QoQ), in line with our expectations. For 9M2025, cumulative NPAT rose by 51.4% YoY to VND863 billion, completing 269% of the company full-year plan and...

Although a slowdown in global IT services still weighed on the company’s net revenue growth in 3Q2025, improvements in signed revenue promise to warm up the segmented performance in the following quarters. Meanwhile, the telecom segment continued to underpin...

DGC announced Q3/2025 business results with NPAT reaching VND804 billion (+8.9% YoY and -9.6% QoQ), in line with our expectations. For 9M2025, NPAT increased 9.1% YoY to VND2,532 billion, fulfilling 84.4% of the full-year plan and 75.5% of our...

QTP announced Q3/2025 results, with VND2,056 bn in revenue, -13.8% YoY, and VND33 bn in NPAT, -57.1% YoY. For 9M2025, NPAT reached VND396 bn, -14.8% YoY, achieving 79.2% of the 2025’s plan and 89.6% of ACBS’s forecast. We maintain...

PetroVietnam Technical Services Corporation (HNX: PVS) PVS announced Q3/2025 earnings with NPAT reaching VND334 billion (+73.3% YoY and +4.6% QoQ), in line with our expectations. For 9M2025, NPAT increased by 34.3% YoY to VND949 billion, achieving 121.6% of the...

Coteccons JSC (HOSE: CTD) held its AGM on 20/10/2025 with the following highlights: FY2026 Business Plan (01 July 2025 – 30 June 2026): CTD set revenue target of VND30,000 bn (+21% YoY) and NPATMI of VND700 bn (+54% YoY)....