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

Rong Viet Securities

RongViet Securities Corporation (RongViet) was established in 2007, licensed to perform the complete range of securities services including brokerage, financial investment, underwriting, financial and investment advisory and securities depository. RongViet now has an operating network that spreads across the country. Our major shareholders, also our strategic partners, are reputable institutions, i.e Eximbank, Viet Dragon Fund Management, etc... Along with a team of the professional and dynamic staffs, RongViet has the man power as well as the financial capacity to bring our clients the most suitable and efficient products and services. Especially, RongViet was one of the very first securities firms to pay the adequate attention to the development of a team of analysts and the provision of useful research report to investors.

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External broker reports(aggregated public sources)

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Content available is external broker reports authored by a third party outside the Smartkarma network and has been aggregated by an online aggregator through publicly available sources and is displayed by Smartkarma in this format for user's convenience and general informational purposes only. Content does not constitute investment or financial advice and Smartkarma makes no representation or warranty regarding its accuracy or contents. Original third party author retains all copyright and other proprietary rights in the content. Access or use of third party links not controlled by Smartkarma are at the user's own risk.

Equity Bottom-Up

TNG Investment and Trading / Equity Bottom-Up

<ul><li>TNG's revenue and NPAT reached VND 1,952 bn (+29% YoY) and VND 60 bn (+39% YoY), respectively, completing 21% and 13% of the annual plan.</li><li>The Q1-FY26 results were more positive than our forecasts (projected revenue and NPAT were VND 1,668 bn and VND 54 bn, respectively, 17% and 11% higher than our forecasts).</li><li>TNG's revenue recorded positive growth thanks to contributions from two key export markets, the US and Europe, with revenue proportions of approximately 44% and 43%, respectively.</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>

TNG's revenue and NPAT reached VND 1,952 bn (+29% YoY) and VND 60 bn (+39% YoY), respectively, completing 21% and 13% of the annual plan.The Q1-FY26 results were more positive than our forecasts (projected revenue and NPAT were VND 1,668 bn and VND 54 bn, respectively, 17% and 11% higher than our forecasts).TNG's revenue recorded positive growth thanks to contributions from two key export markets, the US and Europe, with revenue proportions of approximately 44% and 43%, respectively.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.

TNG - Strict Cost Management Is the Key to Sustaining Growth