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  5. POW – Earnings Review – [HOLD] – 2Q26 NPAT recorded strong growth

POW – Earnings Review – [HOLD] – 2Q26 NPAT recorded strong growth

August 6, 2026

In 2Q26, revenue and gross profit reached VND20,308bn (+116% yoy) and VND4,721bn (+309% yoy), respectively, with the gross margin improving to 23.2% (+10.8%p yoy, figure 3). Total power production increased 53% yoy, mainly driven by the gas-fired power segment.

POW - earnings review [HOLD] - 2Q26 - NPAT recorded strong growth
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