A series of steel companies reported sharply higher profits for the third quarter of 2026. TISCO (TIS) posted net revenue of VND 3,842 billion, up nearly 39%, and swung to a net profit of over VND 4 billion from a VND 12 billion loss a year earlier; its nine-month profit reached nearly VND 28 billion versus a loss of nearly VND 7 billion in the prior year. Thép Thủ Đức – VNSTEEL (TDS) reported net profit of nearly VND 3 billion, up 75%, with gross margin rising to 3.3%. Thép Tấm lá Thống Nhất (TNS) saw quarterly revenue fall 31%, yet net profit reached nearly VND 10 billion, up over 870%, as it shifted toward higher-margin products and cost of goods fell faster than revenue.
Summary written by Upside AI from the original article. Read the source for full details.
Original headline: Loạt doanh nghiệp thép dồn dập báo lãi lớn trong quý 3/2026
Related tickers and likely impact
HPG
▲ Likely positiveHoa Phat Group
Relevance: medium
| Market | Vietnam stocks |
|---|---|
| Exchange | HOSE |
| Sector | Basic Resources |
| Industry | Steel |
| Market cap | 176,458 bn VND |
| P/E | 7.6 |
| P/B | 1.25 |
| Close on 10/16/2026 | 20.90 |
| Change that session | +0.72% |
HSG
▲ Likely positiveHoa Sen Group
Relevance: medium
| Market | Vietnam stocks |
|---|---|
| Exchange | HOSE |
| Sector | Basic Resources |
| Industry | Steel |
| Market cap | 8,396 bn VND |
| P/E | 12.8 |
| P/B | 0.71 |
| Close on 10/16/2026 | 10.40 |
| Change that session | -0.48% |
NKG
▲ Likely positiveNam Kim Steel
Relevance: medium
| Market | Vietnam stocks |
|---|---|
| Exchange | HOSE |
| Sector | Basic Resources |
| Industry | Steel |
| Market cap | 5,120 bn VND |
| P/E | 30.7 |
| P/B | 0.67 |
| Close on 10/16/2026 | 10.40 |
| Change that session | -0.95% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
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