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  5. VSC – Brief – [NONRATED] – Leverage eroded 1Q26 net profit

VSC – Brief – [NONRATED] – Leverage eroded 1Q26 net profit

June 9, 2026

In 1Q26, VSC reported consolidated revenue of VND861bn (-1.3% qoq, +26.2% yoy), driven by higher throughput volumes at key downstream ports following strategic cooperation with HAH. NPAT plunged to VND70bn (-37% YoY).

VSC - Brief - [NONRATED] - Leverage eroded 1Q26 net profit
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