SJS

National Securities (NSI) registered to sell 2 million SJS shares of SJ Group, reducing its stake from 1.84% to 1.17% as part of portfolio restructuring. The transaction, via negotiated method from July 27 to August 25, 2026, follows a similar sale by An Phat Investment. SJ Group reported strong Q1 2026 results with revenue up 121% and net profit up 161% YoY.

National Securities (VCI) swung to a pre-tax loss of VND 97B in Q2/2026 from a profit of VND 42B a year earlier, driven by a 50% revenue decline and a 75% increase in operating costs. The loss was primarily due to a near-total collapse in gains from FVTPL financial assets, which fell from VND 96B to just VND 1B. The weak results underscore the impact of adverse market conditions on VCI's proprietary trading and brokerage income.

SJS major shareholder An Phat Investment sold 5 million shares on May 13, reducing its stake from 23.01% to 21.33% to restructure its portfolio. The sale follows a pattern of recent divestment by the same shareholder. SJ Group reported strong Q1 2026 earnings with net profit up 2.6x YoY, but the stock faces near-term selling pressure.

SJ Group (SJS) reported Q1 2026 revenue of VND 317B (+122% YoY) and pre-tax profit of VND 220B (+150% YoY), sending its stock to the ceiling price of VND 58,700. The surge was attributed to continued sales from the Nam An Khánh real estate project, highlighting a strong operational quarter for the HOSE-listed developer.

SJ Group (SJS) reported audited 2025 net profit of VND 363 billion with a 48.2% net profit margin, alongside plans for a 10% stock dividend and a capital increase to over VND 5,272 billion to fund key real estate projects. The results highlight strong execution at its Vista Nam An Khánh urban area and expansion into new developments.

SJ Group (SJS) reported 2025 net profit of VND 363 billion on revenue of VND 753 billion, achieving a 48.2% net profit margin. The board proposed a 10% stock dividend and accelerated construction at its Vista Nam An Khánh project, reflecting a strategy focused on asset quality over revenue growth amid Vietnam's new real estate laws.

Hanoi People's Committee issued an ultimatum to review and resolve 341 delayed private real estate projects, naming Viglacera (VGC), Geleximco (GEX), Nam Cuong (NCT), and Sudico (SJS) among prominent developers. Mê Linh district leads with 41 stalled projects, accounting for nearly 40% of the total across four top districts. This regulatory action signals increased scrutiny on project execution and land use efficiency for listed developers in the capital.