HCMC – PetroVietnam Gas Joint Stock Corporation (HOSE: GAS) reported a 41% year-on-year increase in third-quarter revenue, reaching nearly VND35.7 trillion, according to its consolidated earnings report.
Its pre-tax profit totaled VND3.21 trillion, and its after-tax profit was VND2.61 trillion, broadly unchanged from the same period last year.
In the first nine months of 2025, GAS generated around VND91.5 trillion in revenue, up 16% year-on-year. Its pre-tax profit rose 19% to VND12.6 trillion, while its after-tax profit increased 19% to about VND10.18 trillion. The company said it has already surpassed its full-year targets.
Its total assets had reached nearly VND93.9 trillion at the end of September, a 15% increase from the start of the year.
GAS said the results reflect its shift toward reducing dependence on traditional business operations.
For 2026, the company eyes a 10% spike in revenue compared to 2025, driven by international operations, new products and services, and digital transformation.
Closing the trading session today, November 10, GAS inched down 2.7% to VND61,200, with 738,300 shares changing hands.
Vietnam’s benchmark VN-Index dropped on Monday as broad selling weighed on large-cap and mid-cap stocks. The index fell 18.56 points, or 1.16%, to 1,580.54, with 101 gainers and 202 decliners.
Trading volume reached nearly 734 million shares worth VND 21.3 trillion, down more than 13% in both volume and value from the previous session. Block deals contributed 77.6 million shares valued at VND2.47 trillion.
The VN30-Index, which tracks the 30 largest-cap stocks, lost more than 20 points, leaving the index close to the 1,800-point level. Twenty-one stocks in the group declined, while six advanced. SSI rose 2% with more than 33 million shares traded. HPG and TCB gained 1.5% and 1.2%, respectively. VHM and VRE slipped to their intraday lows on heavy selling, ending down 5.5% and 4.9%.
In the mid- and small-cap segment, GEX hit the floor at VND 40,900 with nearly 14.4 million shares traded. GEE also dropped sharply, closing near its floor level at VND153,800.
VIX briefly moved higher during the session but reversed course as selling increased. It fell 4.5% to VND23,400, leading the market in liquidity with 60.7 million shares.
Securities stocks showed mixed performance. VIX declined sharply, while CTS, FTS, VCI, ORS, and DSC slipped around 1%. SSI, HCM, and VND gained between 1% and 2%, each posting trading volume above 10 million shares.
Bank stocks also turned lower after a brief rebound in the afternoon. CTG, MBB, VCB, BID, and VIB, closed in the red. SHB held steady at VND15,300 and led the sector by liquidity with 48.9 million shares.
Most sectors declined, though several large-cap stocks recorded mild losses and some tickers recovered on bargain-hunting.
On the Hanoi Stock Exchange, the HNX-Index dropped 1.93 points, or 0.74%, to 258.18 after late-session selling. The northern exchange saw 49 winners and 94 losers, with trading volume reaching 82.3 million shares worth VND1.87 trillion.
