911 Group (NO1) Q3 2026 earnings summary

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.