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911 Group (NO1) investor relations material
911 Group Q1 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Main business activity in Q1 2026 was wholesale of machinery and equipment, with additional activities in vehicle sales and rentals.
Two subsidiaries contributed to consolidated results: one in passenger transport, one in machinery wholesale.
Financial highlights
Net revenue for Q1 2026 reached VND 123.1 billion, with gross profit of VND 24.1 billion.
Net profit after tax was VND 321 million, a significant decrease compared to prior periods.
Cash and cash equivalents dropped sharply to VND 26.4 billion from VND 125.5 billion at the start of the year.
Total assets decreased to VND 610.6 billion from VND 807.9 billion at the start of the year.
Owner's equity remained stable at VND 320.4 billion.
Outlook and guidance
Financial statements prepared on a going concern basis, with compliance to Vietnamese Accounting Standards.
- Revenue up 30% but profit down 56% in 2025; assets and leverage rose sharply.NO1
Q4 20254 May 2026 - Assets and revenue grew sharply, with first consolidated results showing VND 13.28 billion net profit.NO1
Q3 20252 Nov 2025 - Revenue and profit rose sharply amid real estate recovery and higher construction demand.NO1
Q2 202525 Aug 2025 - Q3 2024 net profit surged 26% year-over-year to VND 4.77 billion on sharply higher gross profit.NO1
Q3 202413 Jun 2025 - Net profit rose sixfold on 190% revenue growth, driven by strong equipment sales.NO1
Q2 202413 Jun 2025 - Revenue and net profit declined sharply in Q1 2025, reflecting sector headwinds.NO1
Q1 20256 Jun 2025 - FY2024 net profit increased 16% to VND 19.6 billion on 31% higher revenue.NO1
Q4 20246 Jun 2025
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