Vingroup posted pretax profit of nearly 29,940 billion VND, about $1.1 billion, in the third quarter, driven by real estate. Group revenue reached nearly 150,580 billion VND, roughly four times last year's level, with real estate contributing nearly 98,500 billion VND, or over 65% of the total. The manufacturing segment brought in 36,705 billion VND but recorded a gross loss of over 14,430 billion VND. For the first nine months, after-tax profit reached 43,700 billion VND, up more than 500%. As of September 30, total liabilities stood at 1.38 million billion VND, while equity was only 236,319 billion VND. VNDirect expects real estate to remain the main pillar, contributing at least 50% of revenue and profit over the next five years.
Summary written by Upside AI from the original article. Read the source for full details.
Original headline: Vingroup lần đầu lãi trước thuế hơn tỷ USD trong một quý
Read the original on VnExpress ↗
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Related tickers and likely impact
VIC
▲ Likely positiveVinGroup
Relevance: high
| Market | Vietnam stocks |
|---|---|
| Exchange | HOSE |
| Sector | Real Estate |
| Industry | Real Estate Holding & Development |
| Market cap | 1,857,153 bn VND |
| P/E | 87.2 |
| P/B | 10.86 |
| Close on 10/30/2026 | 241.00 |
| Change that session | 0.00% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
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