Sabeco stock: Quang Ngai unit reports VND 62.80 billion profit for Sabeco stock

Published on 10/24/2026 at 02:15 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Quang Ngai profit rose from VND 21.50 billion to VND 62.80 billion in first-half 2026. Vietcap set a VND 54,300 target for Sabeco stock.

Operational metrics shape Sabeco

Quang Ngai brewery profit reached VND 62.80 billion in the first half of 2026, reported on October 21, 2026.
Sabeco export turnover rose 221.20 percent year over year in the first half of 2026.
Vietcap cut its Sabeco target to VND 54,300 on October 1, 2026.

Sabeco, VN000000SAB4, Illustration mit AI erstellt.

Sabeco (VN000000SAB4) reported that its Quang Ngai brewery generated VND 62.80 billion in net profit in the first half of 2026, up from VND 21.50 billion a year earlier, according to Vinetur on October 21, 2026. The subsidiary also plans to lift annual brewing capacity from 250 million liters to 350 million liters.

Profit improves as capacity expands

The Quang Ngai result combines higher earnings with a measurable production step. Net revenue reached VND 858.90 billion in the six months through June 30, 2026, up 4.00 percent from the same period in 2025, while gross profit increased to VND 93.90 billion.

The capacity plan would add 100 million liters a year, or 40.00 percent, to the brewery's installed output. Vinetur reported that the expansion has no disclosed completion timetable, while production in the first eight months of 2026 had reached 98.60 million liters.

What does the export figure add?

Sabeco's wider growth story is more international than its domestic revenue trend alone suggests. Vietnam News reported that export turnover reached 139.00 percent of the first-half target and rose 221.20 percent year over year in the first half of 2026. The company said its products were present in more than 40 countries.

Three recent Sabeco events

On October 1, 2026, Vietcap cut its target for Sabeco from VND 58,000 to VND 54,300 while retaining its rating. On October 15, 2026, Vietnam.vn reported that first-half exports rose 221.00 percent and that Sabeco's 2025 return on equity reached 19.30 percent. On October 21, 2026, the Quang Ngai brewery reported VND 62.80 billion in first-half profit and outlined the 40.00 percent capacity increase.

A 40 percent capacity plan

For investors, the key tension is the gap between modest group-level sales growth and stronger operating results in selected businesses. Vietcap projected a 4.00 percent beer-revenue compound annual growth rate for 2026 through 2031 and cited higher competition, weaker beer consumption, input costs and promotional spending as risks.

Sabeco's market capitalization stood at VND 55.41 trillion on October 23, 2026, while its stock was listed on HOSE under ticker SAB and included in the VN30 index.