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KIDO Group’s KDC stock unexpectedly reversed higher after a period of weakness at the start of trading on April 29, 2026. By the close on April 29, KDC shares rose 5.29% to 43,800 dong per share, after briefly falling to the floor earlier in the session.
Amid heightened stock volatility, KIDO’s management outlined a cautious 2026 business plan. The company targets net revenue of 12,000 billion dong and pretax profit of 700 billion dong, noting that the business environment is expected to remain challenging.
Chairman Tran Kim Thanh said 2026 will continue to be affected by geopolitical instability, particularly the Middle East conflict. He noted that such risks could result in energy-supply disruptions, currency volatility, and inflationary pressures—factors that may increase input costs and reduce consumer purchasing power.
For KIDO, the cooking-oil segment—accounting for more than 80% of revenue—is expected to face headwinds. Management pointed to rising crude oil prices, which would increase feedstock costs, and to an appreciating USD/VND exchange rate, which could further add to cost pressures.
Management said it will continue restructuring operations, raise competitiveness, broaden its product portfolio, and accelerate digital transformation to adapt to the challenging environment.
“2026 will again be a challenging year for businesses as geopolitical conflicts persist, supply chains and global trade flows are disrupted, while inflation and exchange-rate pressures rise.”
Chairman Tran Kim Thanh added that the company will pursue a cautious, flexible strategy to sustain operations and work toward its stated targets amid a volatile market.
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