VSC – Brief – [NONRATED] – Profit Boosted by Port Fee Hikes
VSC’s 3Q25 revenue rose 19% YoY to VND844bn thanks to higher throughput volume and service fees. Financial income significantly increased thanks to cash dividends from GEX and HAH, while financial expenses tripled due to investment activities. Consequently, NPAT surged 45% YoY to VND113bn.
Featured Analysis
Derivatives: End-of-session selling pressure
Market commentary: Demand returns
POW – Earning Review – [HOLD] – 4Q25 – Profit growth mainly reflects a low base
Market traders: Liquidity continued to decline
Market commentary: Selling pressure in Vingroup stocks
Derivatives: Demand at Lower Price Zones
GAS – Earnings Review – [BUY] – 4Q25: NPAT pressured by bad debt provision
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