HSG – Brief – [NONRATED] – 4Q26FY_Exports continued to recover

In 4QFY26 (corresponding to calendar 3Q26), HSG posted consolidated revenue of VND10,384bn, +24.3% yoy and +3.9% qoq. Total sales volume in 4QFY26 reached 470.2 thousand tons (per VSA), up 13% yoy or 4.6% qoq. Average selling price is estimated at USD797/ton, +10.3% yoy, +0.1% qoq. NPAT in 4QFY26 came in at VND56bn, -37% yoy or -86% qoq.