SIP – Brief – [NONRATED] – Surging expenses dragged the 1Q26 net profit
In 1Q26, SIP reported VND2,165bn revenue (-6% qoq, +12% yoy) with a GP landing at VND357bn (-2% qoq, +11% yoy). GPM of 16.5% (+0.5%p qoq, flat yoy). Net profit came in at VND357bn (-2% qoq, -11% yoy).
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SIP – Brief – [NONRATED] – Surging expenses dragged the 1Q26 net profit
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