IJC

Bình Sơn Refining (BSR) projects 2026 net profit of VND 2,162B (-58% vs 2025) despite 25% revenue growth, as domestic crude supply supports 90% capacity. Vinaconex (VCG) forecasts a 73% profit drop to VND 1,037B, citing intense construction competition and cost pressures.

Thuduc House (TDH) targets 2026 net profit of VND 38.5B, down 64% year-on-year, while DIC Corp (DIG) expects revenue to fall 37% and Sonadezi Chau Duc (SZC) projects an 84% profit drop. The coordinated guidance cuts reflect persistent challenges in Vietnam's real estate sector, despite continued capital expenditure plans.

Thuduc House (TDH) projects a 64% drop in 2026 net profit to VND 38.5B, while DIC Corp (DIG) expects a 27% decline in pre-tax profit to VND 600B, as part of a broader trend among listed real estate firms. This coordinated guidance cut reflects persistent sector headwinds despite ongoing project investment, with Sonadezi Châu Đức (SZC) planning the steepest profit reduction at 84%.