HCMC – Vietnam Rubber Group – Joint Stock Company (HOSE: GVR) estimated pretax profit at nearly VND3.9 trillion in the first five months of 2026, up more than 30% from a year earlier.
The state-owned rubber producer also estimated consolidated revenue at nearly VND13.73 trillion during the period, according to information presented at its annual general meeting on June 17, reported local media.
GVR forecasts average rubber prices this year will be at least 5% higher than in 2025 and could rise by as much as 10%. Based on that outlook, the company targets consolidated revenue of VND33.8 trillion in 2026, up 4.2% from 2025. Consolidated after-tax profit is projected at VND5.56 trillion, down 7% year-on-year.
For the parent company, revenue and other income are planned at VND6.62 trillion, up 5% from 2025. After-tax profit is expected to reach VND2.64 trillion, an increase of 5.6%.
Shareholders also approved payment of a 2025 dividend of 4%, equivalent to VND1.6 trillion.
Closing the trading session today, June 17, GVR edged up 0.71% to VND35,550, with over 1.9 million shares changing hands.
The VN-Index slipped 0.1% to 1,806.2 points as gains in banking stocks helped limit losses despite continued weakness in several large-cap shares.
The benchmark index closed down 1.74 points, with 174 stocks advancing and 129 others declining. Trading volume rose 22% from the previous session to 821.6 million shares, while trade value increased 45% to VND24.2 trillion.
Banking stocks led the market’s gainers. MSB rose nearly 3%, BID gained more than 2.5%, and CTG added almost 1.8%. VAB, VIB, EIB, and STB each climbed more than 1%, while VCB advanced 0.65%.
The banking sector contributed more than 4.5 points to the VN-Index, helping offset losses.
Selling pressure eased in Vingroup-related stocks. VIC, VHM, and VRE ended down slightly more than 1%, recovering from declines of 3% to nearly 4% recorded in the morning session. VPL closed unchanged.
Property and construction stocks posted mixed results, with CCI hitting its ceiling price, while CIG gained 5.9% and CRV rose 5%.
Within the VN30 basket, VJC was the strongest performer, rising 4.28%. In contrast, airline peer HVN fell 6.42%.
Brokerage stocks also advanced. FTS climbed 6.7%, while BSI, CTS, and APG gained between 3% and 4%. Only VCK, HCM, and TCX fell more than 1%.
SHB remained the most actively traded stock with matched volume of 55.5 million shares. VIX followed with 30.9 million shares, ahead of GEX, ACB and MSB.
Block trades accounted for 195.2 million shares worth VND7.07 trillion, compared with 99 million shares valued at VND2.33 trillion in the previous session.
On the Hanoi Stock Exchange, the HNX-Index rose 3.31%, or 10.58 points, to 330.2 points. The exchange recorded 66 advancers and 59 decliners. Trading activity weakened, with volume reaching 58.5 million shares and value totaling VND1.05 trillion.
