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One Company Reports Profit Up Sixfold, and Its Stock Soars

Cao su Tân Biên (RTB) reported Q3 2026 after-tax profit of nearly VND 121 billion, more than 6.5 times the VND 19 billion of the same period last year, on net revenue of over VND 184 billion, up nearly 13%. Financial income rose to nearly VND 108 billion, mainly from VND 104 billion in dividends from a subsidiary, while the average rubber selling price rose by more than VND 15 million per ton, outpacing a cost increase of more than VND 11 million per ton. For the first nine months, revenue reached nearly VND 436 billion, up about 28%, and after-tax profit topped VND 290 billion, up more than 33%, equal to about 83% of the 2026 target of roughly VND 349 billion. The stock rose more than 5% to VND 25,200 per share in the morning session on October 13, giving a market capitalization of about VND 2,200 billion.

Summary written by Upside AI from the original article. Read the source for full details.

Original headline: Một doanh nghiệp báo lãi gấp 6 lần cùng kỳ, cổ phiếu "bốc đầu"

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