Becamex IDC posts VND 320.50 billion profit: what it means for Becamex IDC stock
Published on 10/13/2026 at 14:29 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Becamex IDC posted VND 320.50 billion in net profit for the first half of 2026, down 82.60 percent from the year-earlier period, according to Tin nhanh Chung khoan on September 25, 2026. The result puts the companys land and industrial-property execution under closer scrutiny, while Becamex IDC stock remained at VND 38.05 on HOSE on October 13, 2026, down 0.91 percent from VND 38.40.
What the profit means
The first-half revenue figure was VND 1.66 trillion, down 65.00 percent year over year, while the company completed 8.30 percent of its full-year net-profit plan of VND 3.88 trillion. That gap matters because the second half would need to deliver the bulk of the planned earnings, leaving land handovers and affiliate income as key operating variables.
VCCI reported on October 8, 2026 that BCM had fallen 24.80 percent in the third quarter to VND 39,700 from VND 52,800. The same report said technology tenants are placing greater weight on reliable power, infrastructure quality and expansion capacity, raising the execution standard for industrial-park developers.
Debt changes the risk profile
Borrowings reached VND 26.33 trillion at June 30, 2026, up 10.00 percent from the start of the year and equal to 117.30 percent of equity, according to Tin nhanh Chung khoan. The company also issued VND 710.00 billion of three-year bonds at an 11.00 percent annual interest rate to restructure debt, adding a clear financing cost to the earnings picture.
Price and valuation levels
At VND 38.05 on October 13, 2026, the stock was VND 3.05 above its 52-week low of VND 35.00 and VND 40.59 below its 52-week high of VND 78.64. The quoted market capitalization was VND 39.4 trillion and the price-to-earnings ratio was 20.42 on the same date. The combination of a depressed profit base, elevated borrowings and a wide yearly range leaves operating delivery as the central market variable.
Price and market context
The shares traded at VND 38.05 on HOSE on October 13, 2026, down 0.91 percent from the VND 38.40 reference close, with 202,100 shares changing hands. The current level remains 4.29 percent above the 52-week low, calculated from VND 35.00, while the distance to the high is 51.61 percent.
Becamex IDC market data
- Company: Becamex Investment and Industrial Development Group Joint Stock Company
- ISIN: VN000000BCM3
- Ticker: BCM
- Primary exchange: HOSE
- Price on October 13, 2026: VND 38.05
- Change versus HOSE reference close: minus 0.91 percent
- Reference close: VND 38.40
- Market capitalization: VND 39.4 trillion (as of October 13, 2026)
- 52-week range: VND 35.00-VND 78.64
- Sector: Real estate
Market context: Current market reports.
