PHR – Brief – [NONRATED] – 1Q26: Receiving compensation from THACO
In 1Q26, PHR reported VND468bn net revenue (-6% QoQ, +50% YoY, figure 1), gross profit increased to VND116bn (-26% QoQ, +14% YoY, figure 2). Net profit came in at VND285bn (+306% QoQ, +177% YoY).




