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Edge16 Oct 2026
Winner, Winner: The Chicken McNugget Story
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Sai Gon Mien Trung Beer
Sai Gon Mien Trung Beer (SMB) investor relations material
Sai Gon Mien Trung Beer Q3 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q3 2026 earnings summary26 Oct, 2026
Executive summary
Q3 2026 net profit fell 23.28% YoY, down VND 12.48bn, as sales volume declined and input costs including fuel and raw materials increased.
9M revenue increased YoY, while 9M net profit was lower than the prior-year period.
Financial highlights
Q3 revenue VND 356.06bn vs VND 342.80bn YoY; gross profit VND 105.23bn vs VND 103.00bn.
Q3 operating profit VND 51.28bn vs VND 66.81bn; pretax profit VND 51.43bn vs VND 67.03bn; net profit VND 41.14bn vs VND 53.62bn.
9M revenue VND 1,000.85bn vs VND 948.30bn; operating profit VND 139.07bn vs VND 155.82bn; net profit VND 112.36bn vs VND 124.69bn.
Q3 selling expenses rose to VND 33.32bn from VND 18.43bn YoY; administrative expenses increased to VND 25.67bn from VND 22.40bn.
Segment performance
Beer production and sales are the primary business; other activities include purified water and beverages, and investment property leasing and holding.
Export revenue was an insignificant share of total revenue; reported activity primarily reflected operations in Vietnam.
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Latest events from Sai Gon Mien Trung Beer
- Q2 2026 revenue and profit rose year-over-year, driven by stable beer operations.SMB
Q2 2026 - Q1 2026 saw stable revenue and profit, strong gross margin, and higher equity from retained earnings.SMBQ1 2026
- Net profit after tax was VND 176.9 billion on revenue of VND 1,365.3 billion, with stable margins.SMBQ4 2025
- Net profit in Q3 2025 rose 23.6% year-over-year on higher sales and improved margins.SMBQ3 2025
- Q1 2025 profit up 21.7% year-over-year on cost savings, despite lower revenue.SMBQ1 2025
- Q2 2025 net profit dropped 14.1% year-over-year, mainly from lower sales volume and product mix.SMBQ2 2025
- Q4 2024 net revenue up 8% YoY; full-year net profit after tax rose 16.2%.SMBQ4 2024
Next Sai Gon Mien Trung Beer earnings date
Q4 202628 Jan, 2027
Sai Gon Mien Trung Beer
Next Sai Gon Mien Trung Beer earnings date
Q4 202628 Jan, 2027
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Frequently asked questions
Sai Gon Mien Trung Beer Joint Stock Company is a Vietnam-based beverage company engaged in the production and distribution of beer. The company manufactures various types of beer under the Saigon Beer brand, serving both domestic and regional markets. Its operations include brewing, bottling, and packaging, as well as marketing and sales through wholesale and retail channels. Sai Gon Mien Trung Beer Joint Stock Company is headquartered in Quy Nhon, Vietnam, and its shares are listed on the HNX.