VNZ

VNG (VNZ) targets 2026 pre-tax profit of 300-450 billion VND, its first annual profit after four consecutive loss years. The guidance follows a Q1 2026 net profit reversal to 182 billion VND on revenue of nearly 2,800 billion VND (+32% YoY). All retained earnings will be reinvested into AI and global expansion strategies.

VNG (VNZ) targets 2025 pre-tax profit of 300-450 billion VND on revenue of 12,500-13,500 billion VND, aiming to end a loss streak dating back to 2021. The guidance follows a Q1 net profit of 1,100 billion VND, the highest quarterly profit in four years, driven by double-digit growth in three of four core business segments and cost discipline.

VNG (VNZ) posted a net profit of 125 billion VND in Q1 2025, its highest since listing in 2022, reversing two consecutive quarterly losses. Revenue grew 32% year-on-year to nearly 2,800 billion VND, led by online games (69% of revenue) and strong growth from Zalopay (+117%). The result signals improved operational discipline and cost control across core segments.

VNG Group (VNZ) reported Q1/2026 consolidated net revenue of VND 2,785 billion, up 32% YoY, driven by Games & Entertainment (+38%) and Zalo/AI (+43%). Zalopay revenue surged 117% to VND 216 billion, with total payment value up 84%. Zalo's monthly active users rose 3.2% to 80.2 million. The results underscore VNG's diversified digital ecosystem and monetization momentum.