Vietnamese securities selloff hits SSI Securities stock as Q3 forecasts turn cautious

Published on 10/20/2026 at 12:09 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

First-half pretax profit rose 39.10 percent to VND 3.12 trillion. SSI Securities stock faces a Q3 forecast of VND 1.145 trillion for the quarter.

Profit and estimates frame the move

On October 20, 2026, SSI shares fell more than 4 percent during a Vietnamese securities selloff.
VCBS forecast third-quarter net profit of VND 1.044 trillion on September 26, 2026.
Yahoo Finance listed October 23, 2026, as the estimated next earnings date.

SSI Securities, VN000000SSI1, Illustration mit AI erstellt.

SSI Securities (VN000000SSI1) was among the Vietnamese securities stocks hit in a selloff reported by VnExpress on October 20, 2026, with the group falling more than 4 percent as the broader market turned lower. The move put current trading pressure beside a strong first-half operating picture and more cautious expectations for the third quarter.

Profit growth sets the baseline

SSI Securities reported first-half pretax profit of VND 3.122 trillion, up 39.10 percent from the same period a year earlier, according to HODL on October 3, 2026. First-half operating revenue reached VND 6.497 trillion, an increase of 26.10 percent, while profit after tax attributable to the parent company rose 38.40 percent to VND 2.509 trillion.

The comparison matters because the company had already delivered 53 percent of its full-year pretax-profit plan by the end of the first half. Revenue progress stood at 41 percent of the annual target, creating a wider gap between earnings execution and the sales plan.

What do Q3 forecasts imply?

VCBS forecast third-quarter revenue of VND 2.511 trillion, down 19.90 percent year over year, and profit after tax of VND 1.044 trillion, down 29.30 percent, in a report dated September 26, 2026, covered by Baomoi. The forecast points to a tougher comparison base after unusually strong market activity in the prior-year quarter.

Chronology shows the changing setup

On September 26, 2026, VCBS projected third-quarter profit after tax of VND 1.044 trillion. On October 3, 2026, the first-half review recorded pretax profit of VND 3.122 trillion. On October 20, 2026, VnExpress reported that SSI was among securities stocks falling more than 4 percent.

What date comes next?

The next scheduled company date is October 23, 2026, listed as the estimated earnings date by Yahoo Finance. That date will provide the next test of whether the first-half profit pace carried into the third quarter.

Execution meets a tougher quarter

SSI Securities enters the next reporting milestone with first-half pretax profit up 39.10 percent and a third-quarter forecast calling for a 29.30 percent decline in profit after tax. The contrast between those two periods explains why the stock is being assessed through both strong historical execution and a weaker near-term forecast.