FPT Telecom (FOX) Q3 2026 Profit Rises 13% to VND 1,282B; NTL Swings to Loss

Overview

FPT Telecom (ticker FOX, UPCOM) reported third-quarter 2026 pre-tax profit of VND 1,282 billion, up 13% year on year, according to the company’s Q3 financial statements released on the morning of 27 October. The same disclosure batch showed Nha Tu Liem (NTL) swinging to a VND 80 billion pre-tax loss from a VND 21 billion profit a year earlier, while QNS, PVI Holdings (PVI) and PTSC Offshore Services (POS) also filed quarterly results.

Key Facts

• FPT Telecom (FOX) Q3 2026 pre-tax profit: VND 1,282 billion, +13% year on year.
• FOX nine-month 2026 pre-tax profit: VND 3,674 billion, +14% year on year.
• QNS Q3 2026 pre-tax profit: VND 529 billion, +20% year on year; nine-month profit VND 1,639 billion, +9%.
• PVI Holdings (PVI) Q3 2026 pre-tax profit: VND 507 billion, -7% year on year; nine-month profit VND 1,749 billion, +18%.
• PTSC Offshore Services (POS) Q3 2026 pre-tax profit: VND 71 billion, +143% year on year; nine-month profit VND 149 billion, +97%.
• Nha Tu Liem (NTL) Q3 2026 pre-tax loss: VND 80 billion, versus a VND 21 billion profit a year earlier; nine-month loss VND 55 billion against a VND 33 billion profit.
• All figures were disclosed in the companies’ Q3 2026 financial statements published on 27 October 2026.

What Happened

The results were published in a batch of Q3 2026 financial statement filings dated the morning of 27 October. FPT Telecom recorded pre-tax profit of VND 1,282 billion for the quarter, a 13% increase over the same period last year, and cumulative nine-month pre-tax profit of VND 3,674 billion, up 14%. The filing summary did not break out revenue, subscriber counts or segment detail; those lines sit in the full statements.

Among the other filers, QNS posted Q3 pre-tax profit of VND 529 billion (+20% year on year) and nine-month profit of VND 1,639 billion (+9%). PVI Holdings reported Q3 pre-tax profit of VND 507 billion, down 7%, though its nine-month figure of VND 1,749 billion was up 18%, implying a stronger first half. PTSC Offshore Services reported Q3 pre-tax profit of VND 71 billion (+143%) and nine-month profit of VND 149 billion (+97%). Nha Tu Liem posted a VND 80 billion pre-tax loss for the quarter against a VND 21 billion profit a year earlier, taking its nine-month result to a VND 55 billion loss from a VND 33 billion profit.

Market Context

FOX last closed at VND 56,500 on 26 October 2026 on the UPCOM exchange, the unlisted public company market where FPT Telecom trades. The other filers sit across HOSE and related venues: QNS at VND 50,500, PVI at VND 61,900 and POS at VND 14,700, all as of the 26 October close. The spread of outcomes in a single disclosure day, from POS’s near-tripling of quarterly profit to NTL’s swing to loss, illustrates how unevenly the Q3 2026 earnings season is landing across Vietnamese sectors, with telecommunications and consumer staples holding up while real estate development remains pressured.

Strategic Significance

For FOX, the 13% quarterly and 14% nine-month growth points to steady, compounding earnings in a fixed-broadband and digital-services franchise, the kind of consistency that supports valuation on UPCOM where liquidity is thinner than on the main board. The divergence within the batch matters more than any single print: QNS and POS show consumer staples and offshore energy services still expanding, PVI’s quarterly dip against a stronger nine-month trend suggests timing effects in insurance, and NTL’s loss underscores that residential real estate developers remain exposed to revenue recognition timing and financing costs. Investors reading the batch as a single signal would miss that dispersion.

What to Watch

• Full Q3 2026 financial statements for FOX, including revenue, subscriber and segment breakdowns not covered in the summary filing.
• Any FOX disclosure on dividend or capital plans following the nine-month result.
• NTL’s Q4 filings and project handover schedule, to test whether the loss is timing-related or structural.
• PVI’s Q4 result, to confirm whether the quarterly decline reverses the 18% nine-month growth trend.
• Further Q3 2026 filings from remaining listed companies through the end of the reporting window.