PAN Group (PAN) plans VND1,780 billion profit in 2026 and expands into the real estate sector
Saturday, April 18,2026
AsemconnectVietnam - PAN Group Joint Stock Company (PAN - HOSE) has announced the documents for its 2026 Annual General Meeting of Shareholders, scheduled to be held on April 21st.
In 2026, PAN Group plans for net revenue of VND18,000 billion, a slight increase of 2%; The projected after-tax profit is VND1,780 billion, a 53% increase compared to the 2025 performance.
Notably, PAN Group's 2026 business plan includes profits recognized from the transfer of Bibica Joint Stock Company, based on the progress of the transaction and the recognition principles according to applicable accounting and auditing regulations, estimated at approximately VND500 billion on the consolidated report and on the parent company's separate report. The total profit and dividends received from Bibica are expected to exceed VND1,100 billion.
Looking at the member units, Vinaseed is expected to be a key growth driver for the PAN Group in 2026, with projected revenue growth of approximately 24% and pre-tax profit growth of 14% compared to the same period in 2025. This growth is driven by the stabilizing market for plant seeds and food crops, as well as improved operational efficiency and distribution system utilization.
For the seafood group, Sao Ta Food Joint Stock Company (FMC – HOSE) expects a 10% increase in profit under the base scenario; Ben Tre Seafood Import-Export Joint Stock Company (ABT) plans for a 9% increase in revenue and a 5% increase in pre-tax profit.
Long An Export Processing Joint Stock Company (LAF) projects a 14% increase in revenue and an 11% increase in pre-tax profit. At 584 Nha Trang, revenue is projected to grow by 25% and pre-tax profit by 14%.
Previously, at the end of 2025, PAN Group recorded net revenue of VND17,586 billion, achieving 102% of the plan; after-tax profit reached VND1,165 billion, achieving 96% of the annual plan.
Regarding dividends, PAN Group proposed to shareholders not to pay dividends in 2025. However, the dividend for 2026 is expected to be 30% in cash. Of this, the interim dividend payment and the final dividend payment for 2026 will not exceed 30% of the par value.
In addition, regarding business lines, PAN Group proposed to shareholders to remove the following business lines: management consulting, production of baked goods from flour, and production of cocoa, chocolate, and confectionery.
Conversely, additional business lines include business management consulting and other management consulting activities; and real estate business.
N.Nga
Source: VITIC/Tinnhanhchungkhoan
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