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911 Group (NO1) investor relations material
911 Group Q3 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Q3 2026 net sales were VND 141.6bn, up from VND 77.4bn YoY; 9M net sales fell to VND 496.9bn from VND 917.9bn.
9M net profit after tax was VND 1.31bn versus VND 13.28bn a year earlier; operating cash flow swung to an outflow of VND 234.1bn.
Total assets declined to VND 635.8bn from VND 807.9bn at Jan. 1, 2026; liabilities also fell, while equity remained broadly stable.
Financial highlights
Q3 net sales rose to VND 141.6bn from VND 77.4bn; 9M net sales fell to VND 496.9bn from VND 917.9bn.
9M gross profit was VND 63.8bn versus VND 74.8bn; operating profit was VND 12.1bn versus VND 18.3bn.
9M pretax profit declined to VND 4.75bn from VND 17.60bn; net profit after tax was VND 1.31bn versus VND 13.28bn.
Q3 pretax profit was VND 2.36bn versus VND 1.47bn; net profit after tax was VND 772.7m versus VND 1.42bn.
Basic EPS was VND 133 for 9M 2026 versus VND 572 for 9M 2025; Q3 EPS was VND 64 versus VND 41.
Segment performance
Q3 sales comprised VND 123.8bn of goods and VND 17.8bn of services; machinery and equipment wholesale remained the main activity.
Two subsidiaries were 65%-owned: one provides passenger transport services and the other wholesales machinery, equipment and spare parts.
- Net sales and profit fell amid market headwinds and segment losses, but capital was raised via share issuance.NO1
Q2 2026 - Revenue up 30% but profit down 56% in 2025; assets and leverage rose sharply.NO1
Q4 2025 - Net revenue reached VND 123.1 billion, but cash and assets declined sharply in Q1 2026.NO1
Q1 2026 - Assets and revenue grew sharply, with first consolidated results showing VND 13.28 billion net profit.NO1
Q3 2025 - Revenue and profit rose sharply amid real estate recovery and higher construction demand.NO1
Q2 2025 - Q3 2024 net profit surged 26% year-over-year to VND 4.77 billion on sharply higher gross profit.NO1
Q3 2024 - Net profit rose sixfold on 190% revenue growth, driven by strong equipment sales.NO1
Q2 2024 - Revenue and net profit declined sharply in Q1 2025, reflecting sector headwinds.NO1
Q1 2025 - FY2024 net profit increased 16% to VND 19.6 billion on 31% higher revenue.NO1
Q4 2024
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