GMD – Brief – [NONRATED] – Gemalink and Divestments Drove 2Q26
August 10, 2026
In 2Q26, GMD reported net revenue of VND1,762bn (+18% YoY). Gross profit increased 35% YoY to VND871bn, and GPM expanded to 49.4%. Gains from associates in 2Q26 soared to VND382bn (+58% YoY), in which Gemalink port (GML) contributed ~VND299bn (+88% YoY). Net profit came in at VND1,285bn (+121% YoY)
GMD - Brief - [NONRATED] - Gemalink and Divestments Drove 2Q26