AsemconnectVietnam - Binh Duong Construction and Transportation Joint Stock Company (Becamex BCE, ticker BCE - HOSE) recorded a profit of VND46.95 billion in the third quarter, bringing the cumulative profit for the first 9 months of 2026 to VND12.99 billion, a 265.9% increase compared to the same period last year and achieving 12.3% of the annual plan.

In the third quarter of 2026, Becamex BCE recorded revenue of VND405.62 billion, a 113.5% increase compared to the same period last year; after-tax profit reached VND46.95 billion, a 14.19-fold increase compared to the same period last year. The gross profit margin improved from 5.2% to 15.7%.
During the period, gross profit increased by 551.1% year-on-year, equivalent to an increase of VND53.95 billion, reaching VND63.74 billion; financial revenue increased by VND0.63 billion, reaching VND0.66 billion; financial expenses increased by VND3.58 billion, reaching VND3.83 billion; selling and administrative expenses increased by 30.6%, equivalent to an increase of VND2.82 billion, reaching VND12.03 billion; and other activities remained unchanged.
Cumulatively for the first nine months of 2026, Becamex BCE recorded revenue of VND771.4 billion, an increase of 143.1% year-on-year; after-tax profit reached VND12.99 billion, an increase of 265.9% year-on-year.
In 2026, Becamex BCE plans to achieve revenue of VND2,356.43 billion and after-tax profit of VND106.02 billion.
Thus, with after-tax profit reaching VND12.99 billion in the first nine months, Becamex BCE has only completed 12.3% of its 2026 annual plan.
Furthermore, regarding cash flow, in the first nine months of 2026, Becamex BCE recorded a negative operating cash flow of VND837.5 billion compared to a negative VND4.4 billion in the same period last year. Additionally, investment cash flow was negative VND18.35 billion and financing cash flow was positive VND560.8 billion, mainly due to increased borrowing.
In terms of asset size, as of September 30, 2026, Becamex BCE's total assets increased by 23.3% compared to the beginning of the year, equivalent to an increase of VND597.7 billion, reaching VND3,165.1 billion. Of this, the main assets recorded were VND2,323.3 billion in inventory, accounting for 73.4% of total assets; VND524.1 billion in short-term receivables, accounting for 16.56% of total assets; and other items.
During the period, inventory increased by 56.1% compared to the beginning of the year, equivalent to an increase of VND834.8 billion, reaching VND2,323.3 billion; cash and short-term financial investments decreased by 88.5% compared to the beginning of the year, equivalent to a decrease of VND276.1 billion, to VND36 billion. Short-term receivables decreased by 5%, equivalent to a decrease of VND27.5 billion, to VND524.1 billion…
Becamex BCE explained that customer receivables increased from VND196.6 billion to VND448.9 billion during the period. Notably, receivables from Becamex Industrial Development Corporation (Becamex IDC, ticker BCM – HOSE) increased from VND20.35 billion to VND166.87 billion.
Becamex BCE explained that customer receivables increased from VND196.6 billion to VND448.9 billion during the period. Notably, receivables from Becamex Industrial Development Corporation (Becamex IDC, ticker BCM – HOSE) increased from VND20.35 billion to VND166.87 billion.
Source: VITIC/Bao Tai chinh – Dau tu