AsemconnectVietnam - Saigon VRG Investment Joint Stock Company (SIP - HOSE) recorded a profit of VND371.3 billion in the third quarter, bringing the cumulative profit for the first nine months of 2026 to VND1,178.3 billion, a slight increase of 6.9% compared to the same period last year and achieving 134.8% of the annual plan.

In the third quarter of 2026, Saigon VRG Investment recorded revenue of VND2,425.82 billion, an increase of 8.6% compared to the same period last year; after-tax profit reached VND371.3 billion, a decrease of 2.7% compared to the same period last year. The gross profit margin decreased from 16.4% to 14.5%.
During the period, gross profit decreased by 4.1% year-on-year, equivalent to a decrease of VND14.85 billion, to VND351.58 billion; financial revenue increased by 39.8%, equivalent to an increase of VND69.1 billion, to VND242.82 billion; financial expenses increased by 159%, equivalent to an increase of VND72.15 billion, to VND117.54 billion; selling and administrative expenses decreased by 57%, equivalent to a decrease of VND31.5 billion, to VND23.78 billion; and other activities showed insignificant fluctuations.
For the first nine months of 2026, Saigon VRG Investment recorded revenue of VND7,002.96 billion, an increase of 11.1% year-on-year; after-tax profit reached VND1,178.3 billion, an increase of 6.9% year-on-year.
In 2026, Saigon VRG Investment approved a business plan with projected total revenue of VND5,940.25 billion, a 5% increase compared to the same period; projected after-tax profit of VND874.18 billion, a 5% increase compared to 2025; and a minimum dividend of 10%.
Thus, ending the first nine months of 2026 with a profit of VND1,178.3 billion, Saigon VRG Investment has completed 134.8% of its annual plan.
In terms of asset size, as of September 30, 2026, Saigon VRG Investment's total assets increased by 8.9% compared to the beginning of the year, equivalent to an increase of VND2,552.9 billion, reaching VND31,223.1 billion. Of these, the main assets recorded were VND13,807.6 billion in cash and short-term financial investments, accounting for 44.2% of total assets; VND6,417.1 billion in investment properties, accounting for 20.55% of total assets; VND3,357.6 billion in short-term receivables, accounting for 10.75% of total assets; and VND2,367.6 billion in long-term work-in-progress assets, accounting for 7.6% of total assets…
Notably, at the beginning of the year, Saigon VRG Investment only recorded securities investments of VND240.2 billion, but as of September 30, 2026, this portfolio had increased to VND 2,080.76 billion. Notably, investments included VND1,000.7 billion in bonds of T&T New Era JSC, VND363.6 billion in bonds of Vinhomes JSC, and VND200 billion in bonds of Phuoc Son Investment JSC…
In addition, regarding capital sources, as of the end of the third quarter, the total short-term and long-term debt of Saigon VRG Investment increased by 14% compared to the beginning of the year, equivalent to an increase of VND676.7 billion, reaching VND5,494.2 billion and equaling 95.6% of total equity. Of this, short-term debt was VND4,599.3 billion and long-term debt was VND894.9 billion.
Source: VITIC/Bao Tai chinh – Dau tu