ROX Key Holdings (TN1) H1 2026 Profit Up 35%, Announces 5% Cash Dividend
This Aveluro analysis covers TN1 (Rox Key Holdings) on HOSE in the Real Estate sector. The classified event type is earnings beat, with positive sentiment and a deterministic market-impact score of 8.4/10. Aveluro classifies this story as a positive catalyst in the stock's news coverage. Source coverage came from VnEconomy - Chứng khoán, classified as a primary/top-tier source.
Key Facts
Caveat: Not investment advice. · How Aveluro computed this: Aveluro combines extracted event facts, source credibility, ticker context, and market data. Scores are deterministic research signals, not recommendations.
Overview
ROX Key Holdings (TN1) announced strong H1 2026 results, with revenue up 48.2% and net profit up 35.1% year-on-year. The company also declared a 5% cash dividend and a 10% stock dividend, signaling confidence in its growth trajectory. TN1 is listed on HOSE and operates in the real estate and technology sectors.
Key Facts
- H1 2026 revenue reached VND 609.4 billion, up 48.2% from VND 411.3 billion in H1 2025.
- Net profit after tax for H1 2026 was VND 127 billion, up 35.1% year-on-year.
- Gross profit rose 71.3% to VND 180.1 billion, outpacing revenue growth.
- Cash dividend of 5% (VND 500 per share) for 2025, totaling over VND 30 billion.
- Stock dividend of 10% (6 million new shares) to be issued, increasing charter capital from VND 601 billion to over VND 661 billion.
- The company achieved 55% of its full-year revenue target of VND 1,100 billion.
- Chairwoman Phạm Thị Vân Hà resigned; replacement to be announced in early October.
What Happened
ROX Key Holdings reported consolidated H1 2026 financial results showing robust growth. Revenue increased 48.2% to VND 609.4 billion, while net profit after tax rose 35.1% to VND 127 billion. The company’s gross profit grew even faster, up 71.3% to VND 180.1 billion, indicating improved margin performance.
In addition to the earnings beat, the company announced a 5% cash dividend for 2025, paying VND 500 per share, and a 10% stock dividend. The stock dividend will increase charter capital from VND 601 billion to over VND 661 billion. The company also maintained a 15% dividend rate for 2026. Chairwoman Phạm Thị Vân Hà resigned to focus on ROX Group’s new business goals, with a successor to be named in October.
Market Context
TN1 closed at VND 14,400 on August 18, 2026, reflecting a modest valuation. The company’s strong H1 results and dividend announcement could support investor sentiment. TN1 operates in the real estate services and technology sectors, which are benefiting from Vietnam’s urbanization and digital transformation trends. The broader market has seen mixed performance, but TN1’s growth metrics stand out.
Strategic Significance
The results underscore ROX Key Holdings’ successful execution of its growth strategy, particularly in property management and hospitality services. The faster growth in gross profit relative to revenue suggests improving operational efficiency and pricing power. The dividend payout, including a stock dividend, signals management’s confidence in future cash flows and commitment to shareholder returns. The leadership transition, while a short-term uncertainty, may align with ROX Group’s broader strategic direction.
What to Watch
- Q3 2026 earnings release to see if growth momentum continues.
- Announcement of new chairperson in early October.
- Progress on the stock dividend issuance and charter capital increase.
- Full-year 2026 revenue target of VND 1,100 billion and whether the company can exceed it.
- Any updates on ROX Group’s strategic initiatives that may affect TN1.