Vingroup Joint Stock Company (VIC) Q2 2026 earnings summary

Executive summary

• Revenue and net profit after tax surged year-over-year, driven by increased real estate handovers and higher financial income from subsidiaries.

• Operating profit and gross profit saw significant growth, reflecting improved business performance.

Financial highlights

• Net revenue for Q2 2026 was VND 12,085 billion, up 148% from Q2 2025; six-month revenue reached VND 19,262 billion.

• Gross profit for Q2 2026 was VND 8,350 billion, up 894% year-over-year.

• Net profit after tax for Q2 2026 was VND 14,574 billion, a 6,717% increase year-over-year.

• Financial income for Q2 2026 was VND 21,797 billion, up 147% year-over-year, mainly from dividends and investment disposals.

• Financial expenses rose 67% to VND 14,124 billion, mainly due to increased borrowings and profit sharing.

Outlook and guidance

• Management attributes growth to increased real estate deliveries and higher financial income, with expectations for continued strong performance.