PAT

Vietnam Apatite Phosphorus JSC (PAT) reported a 48% year-on-year decline in Q1 2026 pre-tax profit to VND 50.3 billion, with net revenue down 3% to VND 422 billion. The sharp profit contraction was driven by a 14% increase in production costs that halved gross profit, overshadowing reductions in financial and operating expenses. This earnings miss occurs amid ongoing legal investigations at parent company Đức Giang Chemicals (DGC) and a pending extraordinary shareholder meeting to replace board members under indictment.

FPT reported Q1 2026 pre-tax profit of VND 2,804 billion, a 16.3% year-on-year increase, alongside revenue growth of 8.7%. The results, disclosed in a filing on April 23, 2026, highlight sustained momentum in the technology group's core operations. OCB and Hodeco also posted significant profit gains of 37% and 343%, respectively, in a mixed batch of early Q1 earnings releases.