HCMC – Phuoc Hoa Rubber JSC (HOSE: PHR) reported a 177.4% year-on-year increase in net profit to VND285.1 billion in the first quarter of 2026, driven mainly by compensation income.
The company posted revenue of VND468.3 billion in the quarter, up 50.3% from a year earlier.
Its gross profit margin fell to 25% from 32.9% in the same period last year, limiting gross profit growth to 14.3%, or VND117.1 billion.
Its financial income rose 6.7% to VND28.5 billion, while its financial expenses declined 36.7% to VND1.45 billion. Selling and administrative expenses edged down 0.4% to VND36.4 billion.
Other sources of its income surged to VND232.3 billion from VND500 million a year earlier, accounting for most of the profit increase.
The company attributed the spike to compensation and support payments related to land handovers for local projects, as well as proceeds from clearing rubber trees for replanting. It recorded VND95 billion from the VSIP III project and VND135.8 billion from the Thaco project. An additional VND1.5 billion came from compensation tied to land clearance for the HCMC–Thu Dau Mot–Chon Thanh expressway.
Closing the trading session today, May 4, PHR climbed 4.23% to VND64,000, with 620,800 shares changing hands.
The VN-Index moved sideways with a slight decrease of 0.04 point to end at 1,854.06 on the Hochiminh Stock Exchange, with 169 stocks rising and 148 others falling.
Trading volume reached 692.7 million shares, valued at VND21.19 trillion. Block deals accounted for 78.6 million shares worth VND4.22 trillion.
The VN30-Index fell by 8.13 points to 2,014.62, with 13 advancers and 15 decliners. GVR surged to its ceiling price of VND36,050 per share, with matched volume of 8.65 million shares.
Other gainers in the blue-chip group included VRE, up 4.3%, PLX, up 4.2%, BID, up 1.9%, and GAS, VPB, and VCB, which rose between 1.5% and 1.7%.
VHM and FPT led losses in the VN30 basket, falling 2.7% and 2.4%, respectively. Most other large-cap stocks ebbed by around 1%.
In the mid- and small-cap segment, real estate stock NVL plunged to its floor price of VND19,100, with more than 35.2 million shares traded. Foreign investors net sold over 10.2 million shares.
Energy stocks posted the strongest gains. PLX and GAS advanced, while BSR rose to its ceiling price with over 8.1 million shares traded. PVD rose 2.4%.
Banking stocks rose less than 0.5%, supported by VCB, BID, and CTG. However, actively traded bank shares declined, with SHB down 1.4% on volume of nearly 62.4 million shares, ACB down 1.7% with 12 million shares traded, and TCB down 0.9% with 11.6 million shares traded.
Real estate stocks were among the main decliners due to VIC and VHM. Some stocks moved higher, with DXS hitting its ceiling price, DXG rising 1% on volume of 24.1 million shares, and VCG gaining 2.9% with 13 million shares traded.
Securities stocks edged lower overall. VIX picked up 0.9% with 15.3 million shares traded, while SSI added 0.2% with 12.7 million shares traded.
On the Hanoi Stock Exchange, the HNX-Index slid 0.62 point, or 0.25%, to 250.04, with 79 winners and 64 losers. Trading volume reached 78.66 million shares valued at VND1.46 trillion.
