First Real Estate JSC Quarterly Results: Standalone & Consolidated Reports

Quarterly Results

Results Snapshot

YoYQoQ

Figures in Million

Consolidate Quarterly Results

Mar'26

Dec'25

Sep'25

Jun'25

Mar'25

Dec'24

Sep'24

Net Sales

30,659.78

20,769.70

27,292.93

43,097.80

45,770.34

276.76

27,881.76

Other Operating Income

0.00

Total Operating income

30,659.78

20,769.70

27,292.93

43,097.80

45,770.34

276.76

27,881.76

Raw Material Cost

16,276.04

15,185.78

14,792.52

14,794.25

14,325.40

252.71

10,911.30

Purchase of Finished goods

0.00

(Increase) / Decrease In Stocks

0.00

Employee Cost

1,332.35

1,433.44

1,453.73

1,401.67

1,447.11

1,127.82

1,170.01

Power Cost

0.00

Manufacturing Expenses

6,808.82

2,038.58

4,920.41

6,112.16

13,972.23

2,464.69

21,249.02

Selling and Distribution Expenses

2,345.59

2,570.65

-1,012.44

3,517.92

-3,225.37

10,831.60

2,663.69

Other Expenses

-814.12

-347.20

-637.41

-751.38

-1,541.93

-359.25

-2,241.90

Total Expenditure (Excl Depreciation)

18,621.63

17,756.43

13,780.08

18,312.18

11,100.02

11,084.31

13,575.00

Operating Profit (PBDIT) excl Other Income

12038.199999999999

3013.2999999999997

13512.9

24785.6

34670.3

-10807.6

14306.800000000001

Other Income

-1,662.73

-72.74

-2,711.33

51.10

43.25

-8.80

15.87

Operating Profit (PBDIT)

13,629.50

12,391.75

15,147.03

26,363.79

34,935.66

-10,571.24

14,617.64

Interest

6,808.82

2,038.58

4,920.41

6,112.16

13,972.23

2,464.69

21,249.02

Exceptional Items

0.00

Gross Profit (PBDT)

14,383.75

5,583.91

12,500.41

28,303.55

31,444.95

24.04

16,970.45

Depreciation

3,254.08

9,451.22

4,350.31

1,532.70

245.14

245.11

295.01

Profit Before Tax

3,566.60

901.94

5,876.30

18,718.93

20,718.29

-13,281.04

-6,926.39

Tax

1,073.44

180.56

2,578.62

3,754.42

1,695.35

0.00

3,536.96

Provisions and contingencies

0.00

Profit After Tax

2,493.20

721.38

3,297.68

14,964.52

19,023.52

-13,280.60

-10,462.71

Extraordinary Items

0.00

Prior Period Expenses

0.00

Other Adjustments

0.00

Net Profit

2,493.20

721.38

3,297.68

14,964.52

19,023.52

-13,280.60

-10,462.71

Share in Profit of Associates

0.00

Minority Interest

-0.03

-0.00

0.01

-0.01

-0.57

-0.45

-0.65

Other related items

0.00

Consolidated Net Profit

2,493.16

721.38

3,297.68

14,964.51

19,022.94

-13,281.04

-10,463.36

Equity Capital

0.00

Face Value

10000.0

Reserves

7,47,117.03

7,44,623.83

7,43,902.45

7,59,762.60

7,47,676.98

7,28,653.46

7,41,934.06

Earnings per share (EPS)

35.26

10.2

46.64

211.75

269.19

-187.92

-148.05

Diluted Earnings per share

35.26

10.2

46.64

211.75

269.19

-187.92

-148.05

Operating Profit Margin (Excl OI)

39.26%

14.51%

49.49%

57.5%

75.7%

-3905.09%

51.31%

Gross Profit Margin

22.25%

49.85%

37.47%

46.99%

45.8%

-4710.27%

-23.78%

PAT Margin

8.13%

3.47%

12.08%

34.72%

41.56%

-4798.68%

-37.53%

Public Share Holdings (%)

0.0%

Pledged Promotor Holding (%)

0.0%

Quarterly Analysis Highlights - QoQ

Net Sales

QoQ Growth in quarter ended Mar 2026 is 47.62% vs -23.90% in Dec 2025

Consolidate Net Profit

QoQ Growth in quarter ended Mar 2026 is 245.61% vs -78.12% in Dec 2025

Operating Profit (PBDIT) excl Other Income

QoQ Growth in quarter ended Mar 2026 is 22.69% vs -30.20% in Dec 2025

Interest

QoQ Growth in quarter ended Mar 2026 is 233.99% vs -58.57% in Dec 2025

Operating Profit Margin (Excl OI)

QoQ Growth in quarter ended Mar 2026 has improved from Dec 2025

Compare Quarterly Results Of First Real Estate JSC With

Select Peers

Figures in Million

Consolidate Quarterly Results

Change(VND)

Change(%)

Net Sales

30,659.78

33,097.21

-2,437.43

-7.36%

Other Operating Income

0.00

Total Operating income

30,659.78

33,097.21

-2,437.43

-7.36%

Raw Material Cost

16,276.04

11,968.85

4,307.19

35.99%

Purchase of Finished goods

0.00

(Increase) / Decrease In Stocks

0.00

Employee Cost

1,332.35

3,905.57

-2,573.22

-65.89%

Power Cost

0.00

Manufacturing Expenses

6,808.82

0.00

6,808.82

Selling and Distribution Expenses

2,345.59

5,705.39

-3,359.80

-58.89%

Other Expenses

-814.12

-390.56

-423.56

-108.45%

Total Expenditure (Excl Depreciation)

18,621.63

17,674.23

947.40

5.36%

Operating Profit (PBDIT) excl Other Income

12,038.16

15,422.98

-3,384.82

-21.95%

Other Income

-1,662.73

31,279.41

-32,942.14

-105.32%

Operating Profit (PBDIT)

13,629.50

48,022.46

-34,392.96

-71.62%

Interest

6,808.82

0.00

6,808.82

Exceptional Items

0.00

Gross Profit (PBDT)

14,383.75

21,128.37

-6,744.62

-31.92%

Depreciation

3,254.08

1,485.69

1,768.39

119.03%

Profit Before Tax

3,566.60

46,536.77

-42,970.17

-92.34%

Tax

1,073.44

9,508.21

-8,434.77

-88.71%

Provisions and contingencies

0.00

Profit After Tax

2,493.20

36,678.97

-34,185.77

-93.20%

Extraordinary Items

0.00

Prior Period Expenses

0.00

Other Adjustments

0.00

Net Profit

2,493.20

36,678.97

-34,185.77

-93.20%

Share in Profit of Associates

0.00

Minority Interest

-0.03

349.59

-349.62

-100.01%

Other related items

0.00

Consolidated Net Profit

2,493.16

37,028.56

-34,535.40

-93.27%

Equity Capital

0.00

Face Value

10,000.00

0.00

Reserves

7,47,117.03

18,93,349.10

-11,46,232.07

-60.54%

Earnings per share (EPS)

35.26

564.22

-528.96

-93.75%

Diluted Earnings per share

35.26

564.22

-528.96

-93.75%

Operating Profit Margin (Excl OI)

39.26%

46.10%

0.00

-6.84%

Gross Profit Margin

22.25%

145.10%

0.00

-122.85%

PAT Margin

8.13%

110.82%

0.00

-102.69%

Public Share Holdings (%)

0.00

0.00%

Pledged Promotor Holding (%)

0.00

0.00%

Quarterly - Net Sales

Net Sales 3,065.98 Million

in Mar 2026

Figures in Million

QoQ Growth in quarter ended Mar 2026 is 47.62% vs -23.90% in Dec 2025

YoY Growth in quarter ended Mar 2026 is -33.01% vs 65.79% in Mar 2025

Quarterly - Consolidate Net Profit

Consolidate Net Profit 249.32 Million

in Mar 2026

Figures in Million

QoQ Growth in quarter ended Mar 2026 is 245.61% vs -78.12% in Dec 2025

YoY Growth in quarter ended Mar 2026 is -86.89% vs 1,557.05% in Mar 2025

Quarterly - Operating Profit (PBDIT)

Operating Profit (PBDIT) 1,529.22 Million

in Mar 2026

Figures in Million

QoQ Growth in quarter ended Mar 2026 is 22.69% vs -30.20% in Dec 2025

YoY Growth in quarter ended Mar 2026 is -56.17% vs 151.63% in Mar 2025

Quarterly - Interest

Interest 680.88 Million

in Mar 2026

Figures in Million

QoQ Growth in quarter ended Mar 2026 is 233.99% vs -58.57% in Dec 2025

YoY Growth in quarter ended Mar 2026 is -51.27% vs 16.63% in Mar 2025

Quarterly - Operating Profit Margin (Excl OI)

Operating Profit Margin (Excl OI) 39.26%

in Mar 2026

Figures in %

QoQ Growth in quarter ended Mar 2026 has improved from Dec 2025

YoY Growth in quarter ended Mar 2026 has fallen from Mar 2025