Mirae Asset Securities (MASVN) says PC1 has several business pillars and could recover more clearly from 2027, forecasting 2026 net revenue of VND 11,187 billion (down 14.5%) and after-tax profit of about VND 1,109 billion (down 18.2%). Key drivers include transmission grid investment of about US$18.1 billion over 2026–2030 and a backlog estimated at around VND 4,000 billion. In power generation, the 13 MW Thượng Hà hydropower plant is operating, while the 30 MW Bảo Lạc A is expected to start generating from November 2026. In the first half, PC1 posted net revenue of VND 4,206 billion (down 12.3%) but consolidated after-tax profit of nearly VND 478 billion (up 54.2%), helped by power generation, mining and a profit of about VND 120 billion from the divestment of CT2. Risks include the pace of capital disbursement for power projects, nickel price swings and senior personnel changes.
Summary written by Upside AI from the original article. Read the source for full details.
Original headline: Công ty của nữ Chủ tịch sinh năm 1999 được dự báo lãi hơn 1.100 tỷ đồng năm 2026
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