Lester Tan wins VCCI honor. NHSV target for Sabeco stock is VND 55,555

Published on 10/20/2026 at 11:33 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Sabeco's exports rose 221 percent in the first half of 2026, per VietnamNet. The NHSV target for Sabeco stock is VND 55,555.

Export growth and analyst valuation

Lester Tan received the VCCI honor on October 11, 2026, as exports rose 221 percent in the first half.
Sabeco's gross margin reached 38.70 percent in the second quarter of 2026.
NHSV valued Sabeco at VND 55,555 per share in its September 28, 2026 report.
Sabeco held VND 20,729 billion in cash and equivalents on June 30, 2026.

Sabeco, VN000000SAB4, Illustration mit AI erstellt.

Sabeco (VN000000SAB4) saw exports rise 221 percent in the first half of 2026 as Chief Executive Lester Tan received a VCCI honor on October 11, 2026, according to VietnamNet. An analyst valuation adds a second reference for Sabeco stock: NHSV set a VND 55,555 target in a report dated September 28, 2026.

Three dates define the story

On June 30, 2026, Sabeco held VND 20,729 billion in cash and equivalents, while first-half revenue reached VND 13,345.20 billion and net profit totaled VND 2,488.80 billion, according to Tin nhanh chung khoan. On September 28, 2026, Bao Phap Luat reported NHSV's forecast of VND 4,900 billion in 2026 net profit and its VND 55,555 target. The October 11 honor and 221 percent export growth are the latest dated developments.

What does the target imply?

NHSV's forecast is more cautious than Sabeco's 2026 revenue target of VND 28,316 billion, but its profit forecast exceeds the company's VND 4,609 billion goal. That difference puts cost control ahead of sales growth in the near-term investment case. Sabeco's second-quarter revenue was VND 6,888 billion, up 1 percent year over year, while gross margin reached 38.70 percent and net profit fell 3 percent to VND 1,167 billion, according to Bao Phap Luat.

Cash supports the dividend case

The balance sheet remains a concrete counterweight to the softer quarterly profit. Cash and equivalents of VND 20,729 billion compared with total debt of VND 367.20 billion on June 30, 2026, while operating cash flow was VND 1,475.80 billion in the first half, according to Tin nhanh chung khoan. The figures give Sabeco room to maintain its planned 50 percent cash dividend ratio while funding marketing and international expansion.

Export growth meets margin pressure

Sabeco's first-half export performance broadens the growth story beyond domestic beer demand. The more immediate test is whether the 38.70 percent second-quarter gross margin can offset higher selling costs and convert revenue growth into stronger net profit.