•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
CRC Joint Stock Company (HOSE: CRC) has adjusted its 2026 production and business plan following a Board of Directors resolution dated March 23, 2026, setting revenue and profit targets significantly higher than the initial plan.
The revision is linked to the expectation that the Granite Porcelain tile plant at CRC Premier in Minh Quan Industrial Park, Lao Cai Province, will begin operations this year. CRC said this will expand the group’s revenue scale and contribute additional profits across the system.
Under the revised plan, consolidated revenue increases from 1,200 billion dong to 1,800 billion dong, representing a 50% rise versus the initial plan.
Consolidated pretax profit is raised from 91 billion dong to 145 billion dong, up 59.3% compared with the initial plan.
Net profit after tax increases from 89 billion dong to 142 billion dong, up 59.6% versus the initial plan.
CRC said the updated plan is built on several defined pillars.
In the construction materials segment, CRC continues to maintain its traditional production base while advancing the Granite Porcelain CRC Premier tile plant project. When the project begins operations as planned in Q4 2026, CRC expects it to add production capacity, broaden the revenue mix, and provide additional growth momentum for the following period.
CRC also highlighted renewable energy as a new growth pillar. The company is involved in the solar power ecosystem, including solar panels, lithium batteries, and related clean-energy infrastructure. CRC views the continued promotion of renewable energy as a runway to expand its scale over the medium and long term.
In addition, CRC is oriented toward expanding into new technology fields, including AI. While CRC noted this is not yet a core contributor, it said deeper involvement in technology infrastructure and energy/AI ecosystem sectors could unlock additional growth potential ahead.
Previously, CRC decided to conduct a private share placement in line with the Board of Directors’ resolution. As of January 26, 2026, the company increased its charter capital by 383 billion dong, raising charter capital to 1,066,999,240,000 dong.
CRC said the capital expansion reflects a proactive effort to consolidate resources to support investment plans, boost production and business activities, and create more room to implement its growth directions in the coming period.
Premium gym chains are entering a “golden era” that is ending or already in decline, as rising operating costs collide with shifting consumer preferences toward more flexible, community-based ways to exercise. Long-term memberships are shrinking, margins are pressured by higher rents and facility expenses, and competition from smaller, more personalized…
