Hai An Transport And Stevedoring (HAH) H1 2026 earnings summary

Executive summary

• Net revenue for Q2 2026 reached VND 1,533.6 billion, up 20.3% year-over-year, driven by higher freight rates and additional vessel capacity.

• Profit after tax for Q2 2026 was VND 466.7 billion, a 12.6% increase compared to Q2 2025.

• Growth attributed to the addition of the Haian Iris vessel and increased EBS surcharges.

Financial highlights

• Gross profit for Q2 2026 was VND 635.6 billion, up from VND 566.5 billion in Q2 2025.

• Operating profit for Q2 2026 reached VND 570.3 billion, compared to VND 514.8 billion in Q2 2025.

• Basic EPS for the first half of 2026 was VND 3,526, slightly down from VND 3,602 in the prior period due to increased share count.

• Cash and cash equivalents at 30 June 2026 stood at VND 1,057.4 billion, nearly doubling from the start of the year.

Outlook and guidance

• Continued focus on expanding vessel operations and leveraging higher freight rates.

• Ongoing investments in new vessels and infrastructure to support growth.