Sun Group Vung Tau records positive results in the first half of 2026
Wednesday, September 16,2026
AsemconnectVietnam - Sun Group Vung Tau Co., Ltd has just announced its financial results for the first half of 2026, showing promising business performance. The report recorded after-tax profit exceeding VND345 billion, creating a solid foundation for future development plans.
According to information published periodically on the Hanoi Stock Exchange (HNX), as of June 30, 2026, Vung Tau Sun's equity reached over VND22,912 billion. This scale of self-owned capital helps the company enhance its financial self-sufficiency, creating stable resources for implementing investment plans and project development.
Regarding business results, in the first six months of 2026, the company recorded positive results with pre-tax profit exceeding VND431.6 billion and after-tax profit exceeding VND345.3 billion. This result reflects the effectiveness in managing and utilizing capital from the company's current business operations.
Regarding capital structure, Vung Tau Sun's financial leverage ratios remain low. Specifically, the debt-to-asset ratio and the debt-to-equity ratio are both at 0.06 times. Maintaining a low debt ratio indicates that the company primarily operates using its own capital, thereby maintaining a safe financial structure and minimizing dependence on external borrowings.
Regarding solvency, the company's short-term liquidity and interest payment ratios remain at good levels. This reflects the effectiveness of working capital management and shows that the company consistently maintains stable liquidity to promptly meet financial obligations and pay accrued interest. Simultaneously, on June 30, 2026, the company also completed the issuance of bond code MVT12601 worth VND1,000 billion with a 30-month term to proactively balance long-term capital for development plans.
Vung Tau Sun Co., Ltd. was established in 2020, primarily operating in real estate investment and business, hotel services, and entertainment. The company is currently the investor in the Rach Chiec National Sports Complex Project in Ho Chi Minh City. A stable financial foundation and positive business results in the first half of 2026 are crucial for Vung Tau Sun to continue effectively implementing investment and project development activities in the next phase.
Source: VITIC/Bao Tai chinh – Dau tu
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