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  3. POW – Earnings Review – [HOLD] – 1Q26 - Earnings surged on margin expansion

POW – Earnings Review – [HOLD] – 1Q26 - Earnings surged on margin expansion

June 8, 2026

In 1Q26, revenue reached VND12,327bn (+50% yoy), supported by a 33% yoy increase in total power production. Growth was mainly driven by gas-fired power

POW - earnings review [HOLD] - 1Q26 - NPAT recorded strong growth
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