SAS

CTCP Dịch vụ Hàng không Sân bay Tân Sơn Nhất · UPCOM

39,100 Latest close · 30 Jun 2026 P/E 7.9x P/B 2.6x

Improving positively · Net margin 22.16%, +5.55pp YoY

On a TTM 2026Q1 basis, SAS has not accelerated revenue sharply, but profitability is improving visibly — profit is at an all-time high. Profit growth is driven mainly by better operations rather than scale expansion — a foundation that tends to be more durable.

Revenue TTM

VND 3,330bn

+11.4%

Net Margin

22.16%

+5.6pp year on year

ROE

39.0%

TTM

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