On a TTM 2026Q1 basis, VHM is maintaining revenue growth, but margins have not improved proportionally — profit is at an all-time high. What is still missing is the ability to convert top-line growth into better profitability.
Revenue TTM
VND 203,566bn
+84.4%
Net Margin
32.03%
−0.9pp year on year
ROE
25.8%
TTM
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