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Giấy phép số 4978/GP-TTĐT do Sở Thông tin và Truyền thông Hà Nội cấp ngày 14 tháng 10 năm 2019 / Giấy phép SĐ, BS GP ICP số 2107/GP-TTĐT do Sở TTTT Hà Nội cấp ngày 13/7/2022.
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MB Securities Joint Stock Company (MBS) reported its Q1 2026 financial results, becoming one of the first brokerage firms to reveal the three-month performance. Specifically, MBS recorded operating revenue of VND 1,019 billion, up 52% year over year. In the proprietary trading segment, profit from financial assets measured at fair…
According to Hanoi Stock Exchange (HNX) filings, Fansipan Sa Pa Cable Car Tourism Service Co., Ltd.’s net profit after tax for 2025 reached more than VND 28.7 billion, up over 125% (approximately 2.25 times) from 2024. The company attributed the result to strong performance across its core activities, including cable car operations, hotel services, and entertainment activities, all of which recorded solid growth.
Alongside profit growth, the company’s financial scale also expanded. As of December 31, 2025, owners’ equity reached over VND 4,806 billion, up nearly 2.8 times compared with the end of 2024.
Profitability indicators improved versus the same period: ROA rose to 0.22% and ROE increased to 0.88%. Liquidity remained robust, with a current ratio of 1.94x, slightly higher than 1.86x in the previous year.
During the year, Fansipan Sa Pa Cable Car Tourism Service Co., Ltd. ensured full and timely payment of principal and interest on its bonds and complied with safety capital regulations.
Fansipan Cable Car Tourism Service Co., Ltd., established in 2013, is headquartered in Sa Pa Town, Lao Cai Province, Vietnam. The unit operates the Sun World Fansipan Legend complex.
The Fansipan Cable Car project began construction in November 2013. On February 2, 2016, the cable car line was inaugurated and put into operation in Sa Pa, Lao Cai.
The cable car system has a height above sea level of 3,143 meters. A cabin can accommodate up to 35 passengers, and the system capacity is about 2,000 passengers per hour. The travel time from departure to arrival is 15 minutes, compared with the previous 2 to 4 days required to reach the summit.
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…
