VEFAC (ticker VEF), a Vingroup subsidiary, posted Q3 net revenue of nearly VND 77 billion, up 67% year on year, but a gross loss of about VND 27 billion as cost of sales from its exhibition business exceeded revenue. Q3 profit rose mainly thanks to a gross gain of about VND 65 billion from transferring some schools in a project to a partner, while financial income reached over VND 388 billion, mostly from loan and investment income. For the first nine months of 2026, after-tax profit was nearly VND 865 billion, down about 94% from VND 15,418 billion in the same period of 2025, as the prior year included large gains from transferring part of the Vinhomes Global Gate project. As of 30/9/2026, total assets stood at over VND 31,905 billion, up 36% from the start of the year, while total liabilities exceeded VND 24,364 billion, with short-term customer advances rising from VND 411 billion to over VND 8,373 billion.
Summary written by Upside AI from the original article. Read the source for full details.
Original headline: Doanh nghiệp liên quan đến tỷ phú Phạm Nhật Vượng báo tin vui lớn
Keywords
real estateearningsVietnamVICVHM
Open a keyword to see other news on the same topic.
Related tickers and likely impact
VHM
▲ Likely positiveVinhomes
Relevance: medium
| Market | Vietnam stocks |
|---|---|
| Exchange | HOSE |
| Sector | Real Estate |
| Industry | Real Estate Holding & Development |
| Market cap | 507,676 bn VND |
| P/E | 6.4 |
| P/B | 1.93 |
| Close on 10/22/2026 | 64.00 |
| Change that session | +3.56% |
VIC
▲ Likely positiveVinGroup
Relevance: medium
| Market | Vietnam stocks |
|---|---|
| Exchange | HOSE |
| Sector | Real Estate |
| Industry | Real Estate Holding & Development |
| Market cap | 1,723,069 bn VND |
| P/E | 80.9 |
| P/B | 10.08 |
| Close on 10/22/2026 | 232.90 |
| Change that session | +4.16% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
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