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- Haxaco Turns to Profit in Q3/2026, Total Liabilities Double
Haxaco (HAX, HoSE) reported net profit of nearly 3.6 billion VND in Q3/2026, reversing a loss of nearly 25.8 billion VND a year earlier. Net revenue for the quarter reached nearly 1,391.8 billion VND, up 21%, while gross profit rose 112% to nearly 126.4 billion VND. Financial expenses climbed from nearly 9.2 billion VND to nearly 28 billion VND. However, total liabilities at period-end rose 107% from the start of the year to over 2,293.3 billion VND, with short-term borrowings and finance leases of nearly 1,640 billion VND. Operating cash flow for the first nine months was negative by more than 460.2 billion VND, and nine-month interest expense of nearly 61.8 billion VND was more than double the prior-year figure.
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