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Sai Gon Mien Trung Beer (SMB) investor relations material
Sai Gon Mien Trung Beer Q2 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Consolidated financial statements for Q2 2026 reflect stable operations and compliance with Vietnamese accounting standards.
No significant changes in accounting estimates or extraordinary events reported during the period.
Financial highlights
Net revenue for Q2 2026 reached VND 385.7 billion, up from VND 360.2 billion in Q2 2025; six-month revenue totaled VND 681.4 billion.
Gross profit for Q2 2026 was VND 130.9 billion, compared to VND 119.2 billion in Q2 2025.
Net profit after tax for Q2 2026 was VND 49.5 billion; six-month net profit was VND 80.3 billion.
Total assets as of June 30, 2026: VND 1,078.4 billion; equity: VND 651.6 billion.
Cash and equivalents at period end: VND 130.0 billion, down from VND 290.0 billion at start of year.
Outlook and guidance
No material change in business seasonality; main business remains beer production and sales.
No significant guidance or forecast adjustments disclosed.
- Q1 2026 saw stable revenue and profit, strong gross margin, and higher equity from retained earnings.SMB
Q1 2026 - Net profit after tax was VND 176.9 billion on revenue of VND 1,365.3 billion, with stable margins.SMB
Q4 2025 - Net profit in Q3 2025 rose 23.6% year-over-year on higher sales and improved margins.SMB
Q3 2025 - Q1 2025 profit up 21.7% year-over-year on cost savings, despite lower revenue.SMB
Q1 2025 - Q2 2025 net profit dropped 14.1% year-over-year, mainly from lower sales volume and product mix.SMB
Q2 2025 - Q4 2024 net revenue up 8% YoY; full-year net profit after tax rose 16.2%.SMB
Q4 2024
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