Vietnam National Petroleum, VN000000PLX1

Vietnam National Petroleum stock posts 46.18 percent profit growth

Published on 10/12/2026 at 09:02 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

First-half revenue reached VND 234.744 trillion, up 61.18 percent year over year. Vietnam National Petroleum stock had a 4.79 percent margin.

Vietnam National Petroleum reported first-half 2026 revenue of VND 234.744 trillion, up 61.18 percent year over year.
First-half net income rose 46.18 percent to VND 2.390 trillion, while gross margin fell to 4.79 percent.
An average target of VND 44,467 was reported on October 5, 2026, down from VND 48,900.
PLX closed at VND 37,350.00 on the Ho Chi Minh Stock Exchange on October 9, 2026.

Vietnam National Petroleum, VN000000PLX1, Illustration mit AI erstellt.

Vietnam National Petroleum (ISIN VN000000PLX1) reported first-half 2026 revenue of VND 234.744 trillion, up 61.18 percent year over year, while net income rose 46.18 percent to VND 2.390 trillion, according to Nguoi Quan Sat on October 12, 2026. The figures put earnings growth ahead of revenue growth, but the gross margin contracted to 4.79 percent from 6.14 percent.

Three events shaped the stock

On September 17, 2026, Vietnam National Petroleum reported second-quarter revenue of VND 136.218 trillion, up 78 percent year over year, and net income of nearly VND 3.045 trillion, according to VietnamBiz.

On October 5, 2026, the average analyst target stood at VND 44,467, down from VND 48,900, while the target remained 25 percent above the then closing price, Simply Wall St reported.

On October 12, 2026, the six-month figures supplied the latest operating milestone: revenue rose 61.18 percent and net income increased 46.18 percent, according to Nguoi Quan Sat.

What does the profit growth change?

The earnings rebound is material because Vietnam National Petroleum moved from a loss of VND 662.5 billion in the first quarter of 2026 to net income of VND 3.0522 trillion in the second quarter, according to 24HMoney. Yet the margin data point to a narrower profit cushion: first-half gross margin was 4.79 percent, compared with 6.14 percent a year earlier.

Target stays above the market

The VND 44,467 average target reported on October 5, 2026 stood above the VND 37,350.00 closing price cited for October 9, 2026. That gap gives the target a numerical valuation context, while the lower target versus VND 48,900 shows that the analyst reference level had been reduced rather than raised.

Home-market close on October 9

Vietnam National Petroleum closed at VND 37,350.00 on the Ho Chi Minh Stock Exchange on October 9, 2026. The dated close provides the latest home-market reference alongside the first-half operating figures and the VND 44,467 analyst target.