AsemconnectVietnam - Noi Bai Aviation Catering Services Joint Stock Company (stock code NCS) has just announced its Q3 2026 financial report with after-tax profit increasing by 17% compared to the same period last year.

Noi Bai Aviation Catering Joint Stock Company (NCS) is a subsidiary of Vietnam Airlines Corporation. Since the Covid-19 pandemic, NCS's business has flourished along with the growth of domestic and international flights.
At the end of Q3 2026, the company recorded net revenue of nearly VND264 billion, an increase of more than 15% compared to the same period last year. Total after-tax accounting profit reached VND20.1 billion, a 17% increase compared to the same period. This is the 17th consecutive quarter that NCS has recorded profit growth.
For the first nine months of 2026, NCS achieved net revenue of VND758.5 billion, a 19% increase compared to the same period last year. Total after-tax profit reached over VND59.7 billion, a 15% increase compared to the same period last year.
The company stated that the third quarter of 2026 recorded stable growth in both revenue and profit compared to the same period last year. This positive trend, maintained throughout the year, resulted in consistent growth in the nine-month business results. The company's after-tax profit for the third quarter of 2026 reached VND20.11 billion, an increase of VND2.97 billion compared to the same period last year, equivalent to a 17% increase.
Although the tense political situation in the Middle East affected transportation costs, leading to increased input costs and direct operating expenses, NCS management stated that they implemented flexible operating policies by tightening indirect costs and effectively controlling expenses, resulting in after-tax profit growth that significantly exceeded revenue.
The after-tax profit growth in the first nine months was driven by the growth of Vietnam Airlines' international segment, other airlines besides Vietnam Airlines, and Nonair's operations. In the first nine months, the company successfully leveraged the growth of the aviation industry to increase revenue and improve internal management by optimizing operating costs to ensure double-digit net profit growth in Q3 2026.
As of September 30, 2026, the company's total capital reached over VND489 billion, remaining almost unchanged from VND485 billion at the beginning of the year. Shareholder equity reached nearly VND240 billion, of which undistributed after-tax profit amounted to over VND60.3 billion.
Source: VITIC/Bao Tai chinh – Dau tu