External broker reports(aggregated public sources), Rong Viet Securities

Rong Viet Securities

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External broker reports(aggregated public sources)

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Equity Bottom-Up

<ul><li>Revenue reached VND 203bn (+9% YoY), driven by a 41% YoY surge in ASP to VND 57.8mn/ton, with stable sales volume.</li><li>The tree liquidation segment contributed nearly 50 bn VND, equivalent to 50% of the 360-hectare plan, supporting high profit margins.</li><li>Gross profit reached VND 96 bn (-46% QoQ, +17% YoY), thanks to improved rubber selling prices (+4.7% QoQ, +41% YoY) and high profit margin from tree liquidation.</li></ul><p><em>Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.</em></p>

Revenue reached VND 203bn (+9% YoY), driven by a 41% YoY surge in ASP to VND 57.8mn/ton, with stable sales volume.The tree liquidation segment contributed nearly 50 bn VND, equivalent to 50% of the 360-hectare plan, supporting high profit margins.Gross profit reached VND 96 bn (-46% QoQ, +17% YoY), thanks to improved rubber selling prices (+4.7% QoQ, +41% YoY) and high profit margin from tree liquidation.Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

DPR - Rubber Segment in 2H2025 Declined, Offset by Liquidation of Trees

Dong Phu Rubber Jsc

DPR - Rubber Segment in 2H2025 Declined, Offset by Liquidation of Trees