Vietnam Rubber Group (GVR) achieves approximately 99% of pre-tax profit plan after 9 months
Wednesday, October 14,2026
AsemconnectVietnam - Vietnam Rubber Industry Group (VRG - stock code: GVR) announced that its consolidated revenue for the first 9 months of 2026 is estimated at VND29,428 billion and pre-tax profit at approximately VND6,818 billion, respectively achieving 87.1% and 98.8% of the full-year targets.
According to information from Vietnam Rubber Industry Group, production and business activities in the first 9 months took place amidst unfavorable weather conditions, plant diseases, a shortage of rubber tapping labor, and a volatile market.
Despite this, the Group still achieved positive results. Consolidated revenue for the entire Group is estimated at VND29,428 billion, an increase of 28.9% compared to the same period in 2025. Consolidated pre-tax profit reached approximately VND 6,818 billion, an increase of 9.6%; after- tax profit reached VND5,311 billion, an increase of 1.8% compared to the same period.
Compared to the full-year plan, GVR has completed 87.1% of the revenue target, 98.8% of the pre-tax profit target, and 95.6% of the after-tax profit target.
In the business structure, rubber remains the main contributing sector. In the first nine months, the entire Group consumed approximately 407,688 tons of various types of rubber, an increase of more than 102,000 tons compared to the same period last year. The average selling price is estimated at VND53.7 million/ton. The parent company – the Group – alone delivered 38,923 tons of rubber latex, generating approximately VND2,054 billion in revenue.
Besides rubber, the wood processing and industrial park sectors continued to make significant contributions. Seven wood-related companies achieved estimated revenue of VND4,907 billion and pre-tax profit of approximately VND129.6 billion. Meanwhile, the Group's industrial parks leased 18.3 hectares of new land, generating estimated revenue of VND1,824 billion and pre-tax profit of nearly VND873 billion.
In the fourth quarter, GVR will continue to boost rubber production and consumption, and accelerate the progress of projects in the wood, rubber industry, and industrial park sectors. The Group expects to harvest 455,845 tons of rubber latex for the whole year, equivalent to 100.6% of the plan; approximately 183,542 tons need to be harvested in the last three months of the year.
Based on the results achieved after 9 months, GVR sets its consolidated revenue target for the fourth quarter at 23.9% of the full-year plan and its pre-tax profit target at 53.1% of the full-year plan.
From there, GVR projects that in 2026, consolidated revenue for the whole year will reach approximately VND37,525 billion, equivalent to 111% of the plan and a 15.7% increase compared to 2025. Consolidated pre-tax profit for the whole year is projected to reach VND10,488 billion, equivalent to 152% of the plan and a 47.6% increase compared to the previous year.
Source: VITIC/Bao Tai chinh – Dau tu
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