On a TTM 2026Q1 basis, VCS is going through a period of clear decline across multiple metrics at once — margins have been compressing consistently over multiple periods. What still needs to be determined is whether the business can find a stabilization point in the near term, or whether current pressure has not yet run its course.
Revenue TTM
VND 3,855bn
−9.6%
Net Margin
16.95%
−1.0pp year on year
ROE
12.4%
TTM
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