CTCP Tư vấn Xây dựng Điện 1 (UPCoM: TV1) reported Q3 2026 revenue of VND 168 billion, up 13%, and gross profit of VND 65 billion, up 27%. A notable item was other income surging to VND 33.8 billion from about VND 99 million a year earlier, equal to nearly 44% of the quarter's pre-tax profit, while management expenses more than doubled from VND 10.6 billion to VND 21.5 billion. Q3 post-tax profit reached nearly VND 67 billion, up 150%, and nine-month revenue of nearly VND 447 billion (up 14%) and post-tax profit of VND 125 billion (up 44%) were also reported. On governance, chairman Nguyễn Hữu Chỉnh has been prosecuted, detained and suspended from his post since 2 June 2026, with no dismissal or replacement yet; board member and CEO Nguyễn Kim Cương has been assigned to lead board operations. EVN remains the largest shareholder with 54.34% of charter capital.
Summary written by Upside AI from the original article. Read the source for full details.
Original headline: Ông Nguyễn Hữu Chỉnh bị bắt, doanh nghiệp báo lãi đột biến
Keywords
earningscorporate governanceEVN
Open a keyword to see other news on the same topic.
Related tickers and likely impact
VNINDEX
• NeutralRelevance: low
| Market | Vietnam stocks |
|---|---|
| Close on 10/30/2026 | 1,741.62 |
| Change that session | -0.80% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
Related news
- EVN's 2025 electricity production cost is more than 5% lower than its selling price
EVN reported that its 2025 electricity production and business cost averaged about 2,092.7 VND per kWh, roughly 5% below the average retail price of 2,204.07 VND per kWh (excluding VAT) applied since May 10, 2025. Power generation made up nearly 83% of the total cost of 601,680 billion VND, though the article notes the gap does not directly reflect actual profit per kWh because the retail price applies from May while costs are calculated for the full year. EVN has cleared its accumulated losses on a consolidated basis after losing about 50,029 billion VND in 2022-2023, but the parent company still had accumulated losses of about 5,611 billion VND. In the first eight months, revenue exceeded 482,000 billion VND and estimated profit reached 12,215 billion VND, and the group expects a full-year profit above 13,500 billion VND. At the September government meeting, Prime Minister Lê Minh Hưng directed that electricity prices not be raised in the final months of 2026.
- Electricity prices fall 2% from tomorrow
EVN announced that the average retail electricity price will fall 2% to VND 2,159.90 per kWh (excluding VAT) from November 1, the first cut in nearly 20 years of continuous increases. The average price had risen to over VND 2,204 per kWh by May 2025, and about 18.2% over the past two-plus years. Deputy Prime Minister Nguyen Van Thang said EVN has been directed to cut costs to sustain the roughly 2% reduction through March 2027, which, along with cutting gasoline's special consumption tax to 0%, adds about 0.07 percentage points of room to control inflation toward the 4.5% target. EVN's 2025 cost review found total costs of VND 601,680 billion, about 5.3% below the current average price, but VND 17,506 billion in costs remain unrecorded, mainly due to exchange-rate differences.
- Electricity Prices Could Fall from November 1
Households and businesses may receive electricity price cuts for 5 months starting November 1. On October 27, Deputy Prime Minister Nguyễn Văn Thắng asked Tập đoàn Điện lực Việt Nam (EVN) to urgently review and cut costs, prepare a plan to lower average retail electricity prices, and review a proposal to set the special consumption tax on gasoline to 0%. According to the Statistics Office (Cục Thống kê), residential electricity accounts for about 4.8% of the CPI basket, so a price cut could help ease inflation pressure and support growth. In the first 8 months of 2026, EVN reported profit of over 12,000 billion VND and had cleared its accumulated losses under consolidated financial statements by the end of June, which provides room to cut prices. The Ministry of Industry and Trade has asked EVN to finalize the plan and will give its opinion, and if the matter exceeds its authority, it will report to the Government.
- EVN restructuring: Is separating power transmission necessary now?
The Ministry of Industry and Trade proposes separating the National Power Transmission Corporation (EVNNPT) from EVN soon to ensure grid independence and a competitive electricity market, while the Ministry of Finance favours a cautious approach to preserve financial capacity and investment funding. Mr. Nguyen Anh Tuan, a former director of the Renewable Energy Centre under the Ministry of Industry and Trade, says separation is not urgent because transmission is a natural monopoly, and that calculating transmission costs correctly is more important, since current charges are averaged and do not reflect location or distance. He warns that premature separation, without adequate capital and coordination mechanisms, could affect major power projects, including the adjusted Power Development Plan VIII. The Science Council of the Vietnam Energy Journal argues that restructuring needs a suitable roadmap, a clear split between business and public-service duties, and should avoid mechanical division that weakens EVN.
- A member of Nam Tan Uyen's board resigns
NTC board member Nguyen Anh Phu Nguyen resigned for personal reasons, leaving five members on the board. NTC closed its record date for the 2025 cash dividend at 60% (VND 6,000 per share), an estimated VND 144 billion payout, of which PHR is set to receive about VND 47.3 billion. In Q3/2026, net revenue was over VND 79.3 billion, down 65.4% year on year, and net profit was nearly VND 46 billion, down 63.4%. Nine-month profit after tax reached over VND 216.9 billion, down 26.3%, completing 95.8% of the full-year profit target of VND 226.4 billion.
- Daughter of Nam A Bank chairman, 24, becomes CEO of pharmaceutical firm
Tran Ngo Minh Anh, born in 2002, is the daughter of Tran Ngo Phuc Vu, chairman of the board of Nam A Bank. She was appointed CEO of Ben Tre Pharmaceutical JSC (DBT) from early November, only three months after becoming deputy CEO. The appointment followed the company's approval, on the afternoon of October 23, of the resignation of Nguyen Khac Hanh as CEO. Minh Anh holds a bachelor's degree in finance from the University of Central Florida and worked at New Omni Bank in California, USA, during 2024-2026; she currently holds no DBT shares. In 2025, the company reported revenue of VND 860 billion, and in the first half of this year it reached about VND 420 billion. DBT shares trade around VND 13,000.
Related markets
Latest news
- Duong Cong Minh Appointed Legal Representative of SACOMBANK
SACOMBANK (ticker STB) has announced senior management changes under three Board of Directors resolutions dated 2/11/2026. From that date, Board Chairman Duong Cong Minh also serves as legal representative, while General Director Loic Faussier steps down and becomes senior advisor to the Board. Deputy General Director Nguyen Thi Kieu Anh was appointed Acting General Director to ensure operations are not interrupted. Under the Charter, the bank has one legal representative, either the Board Chairman or the General Director, and the article says this arrangement is consistent with that mechanism. Faussier, born in 1972, joined SACOMBANK on 27/3/2026 and was officially appointed General Director on 10/7/2026 after the State Bank of Vietnam approved it.
- Palantir’s Q3 Report To Test Stock Defensiveness Amid AI Panic — What Analysts Are Expecting
Palantir (PLTR) will report third-quarter results after the market closes on Monday, with its AI durability in focus as investors pulled back from AI-linked stocks in October. PLTR fell 1.5% over the month, less than the nearly 7% drop in the Invesco QQQ Trust. Analysts expect third-quarter revenue to rise 85% to $2.18 billion and adjusted EPS to rise 94% to $0.41 per share. Oppenheimer raised its price target to $235 from $200 while keeping an 'Outperform' rating, and JP Morgan initiated coverage with an 'Overweight' rating and a $262 price target. Per Koyfin, 21 of 32 analysts rate the stock 'Buy' or higher, and the average price target of $212.50 implies 15% upside from the last close, while Stocktwits retail sentiment remains 'bearish', unchanged from last week.
- EU Commissioner “Pressures” a European Country: Joining the Bloc Requires Sanctions on Russia
EU Enlargement Commissioner Marta Kos said Serbia would need to impose sanctions on Russia to eventually join the EU, adding that membership would likely be impossible without strategic alignment on foreign and security policy, especially over Ukraine. Her remarks came days after the opposition Student List movement won 52.5% of the vote in snap parliamentary elections, defeating former president Aleksandar Vucic, and Kos noted that EU negotiations with the new government have not yet begun. Movement figures have not clearly stated their position on Russia sanctions, while Kremlin spokesman Dmitry Peskov said Moscow hopes to maintain mutually beneficial ties with Serbia. The EU has adopted 22 sanctions packages against Russia since February 2022.
- Is Alphabet's Massive AI Spending a Problem? The CFO Just Revealed Everything Investors Need to Know in a Single Sentence.
Alphabet is spending more cash than it generates: capital expenditures reached $51.4 billion last quarter, mostly for AI compute, and could keep rising in the fourth quarter and in 2027. The company raised $40 billion last quarter alone, fueling investor worries about overextension, and shares fell after its third-quarter earnings release. CFO Anat Ashkenazi said Alphabet expects ROIC to stay meaningfully above its cost of capital throughout the investment cycle, supported by its vertically integrated AI stack. Google Cloud CEO Thomas Kurian said server spending (about 65% of capex) pays back in under two years, and TPU systems in half that time, compared with nearly three years for Amazon. Analysts' average forecast sees free cash flow rising from about $50 billion to more than $300 billion by 2031, though it may drop more sharply in 2027.
- Individuals and household businesses with revenue under 10 billion VND get good news from now on
Decree 398/2026/NĐ-CP sets out detailed rules for Resolution 43/2026/QH16 on reducing personal income tax and corporate income tax for individuals and enterprises, taking effect on 29/10/2026 and applying to the 2026 and 2027 tax years. Resident individuals running production or business activities with annual revenue of no more than 10 billion VND can cut 30% of the personal income tax payable on that business income, covering individuals who register household businesses or authorized household business representatives, regardless of the tax calculation method. Revenue is determined under Decree 68/2026/NĐ-CP, as amended by Decree 141/2026/NĐ-CP. Businesses expecting revenue within the threshold declare the reduction using Form No. 01 with their quarterly, half-year or annual tax filings; if they have not declared it, they may file amended or supplementary returns or claim it at annual tax finalization. The decree also covers the 30% reduction for withholding, substitute filing and payment agents for household businesses.
- Afternoon Technical Analysis 02/11: Outlook Continues to Deteriorate
VN-Index fell for a third straight session and formed an Inverted Hammer pattern, signaling that selling pressure persists; the index remains below the Bollinger Bands middle band, while the Stochastic Oscillator keeps declining and MACD is narrowing its gap with the signal line. The HNX-Index also dropped for three consecutive sessions, tracking the Bollinger Bands lower band and trading below the 61.8% Fibonacci Projection level (roughly the 253–258 point zone), while a Death Cross formed between the 50-day and 200-day SMAs. The analysis uses real-time data as of the close of the morning session on 02/11/2026, is for reference only, and may change when the afternoon session ends.
Get the briefing on Telegram or Zalo
Join the Upside Telegram channel or Zalo group for the Vietnam stocks and gold briefing at 8:00 and 19:00 (Vietnam time) on trading days, plus a weekly wrap on Saturday morning.