HCMC – Binh Son Refining and Petrochemical JSC (HOSE: BSR) reported first-quarter net profit of VND3.35 trillion, surpassing its full-year target of VND2.16 trillion.
At its annual general meeting on April 13, the company’s leadership reported output of 2.03 million tons and revenue of VND41.28 trillion in the first quarter. Its contributions to the state budget reached VND3.81 trillion.
BSR’s 2026 plan targets consolidated revenue of VND154.14 trillion, with production of 7.76 million tons and sales of 7.71 million tons. The company aims for at least 10% revenue growth.
Executives attributed the first-quarter performance to flexible operations amid market volatility. The conflict in the Middle East since late February has affected global energy security, prompting the company to prioritize stable operations at the Dung Quat Refinery and strengthen cost and risk management.
The profit target for 2026 was based on expectations of higher risks in the remaining months of the year.
In 2025, BSR recorded consolidated revenue of more than VND143.5 trillion, exceeding its plan by over 25%, according to company data. Its net profit totaled VND5.22 trillion, nearly seven times the initial target and almost double the revised plan.
Closing the trading session today, April 13, BSR edged up 2.24% to VND27,350, with a matching volume of over 13.4 million shares.
The VN-Index rose 8.96 points, or 0.51%, to close at 1,758.96 on the Hochiminh Stock Exchange (HOSE), lifted mainly by gains in Vingroup-related stocks.
The market recorded 137 gainers and 171 decliners. Trading volume reached 880.4 million shares with a value of VND22.53 trillion, both down about 8.5% from the previous session. Block deals accounted for more than 113.1 million shares worth VND2.98 trillion.
Vingroup-family stocks led the market. VIC rose 5.5% and VHM gained 1.5%, together contributing about 16 points to the index.
Real estate stocks advanced though their increases narrowed toward the close. NVL rose 2.4% with 29.3 million shares traded. DXG added 1.3% with over 19 million shares. TCH, DIG, PDR, KBC, NLG and IJC each ended around 1% higher.
CII was among the most active stocks. It surged to its ceiling price of VND19,800 per share, with trading volume of 39.1 million shares.
Oil and gas stocks inched up by about 1%. Securities stocks recovered slightly. HCM rose 2.4% with 19.5 million shares traded, while VPX picked up 2.5%. VCK, ORS and CTS increased by around 1%. VIX led the sector by liquidity with nearly 33.4 million shares traded, closing at VND18,050.
Banking and steel stocks declined. SHB recorded the highest trading volume on the market at 115.2 million shares, falling 2.6% to VND15,000 per share. HPG slipped 0.7% with 23 million shares traded. VIB, MBB, VPB, EIB, MSB and TCB each recorded trading volumes above 10 million shares.
On the Hanoi Stock Exchange, the HNX-Index fell 0.25 point, or 0.1%, to 251.66. The market had 75 gainers and 75 decliners, with trading volume of more than 78 million shares and value of VND1.44 trillion.
