On the afternoon of September 3, VNG Group Joint Stock Company announced its business results for the first 6 months of 2026. In which, consolidated net revenue reached 5,872 billion VND, an increase of 29% compared to the same period.
Net profit from adjusted business operations (AOP), the main index used by VNG to reflect actual operating efficiency, also increased by 115%, reaching 937 billion VND; AOP profit margin expanded from 10% to 16%. After-tax profit reached 592 billion VND, helping VNG continue to closely follow the full-year profit target for the first time since trading on UpCoM.
During the period, VNG contributed more than 1,005 billion VND to the state budget. VNG also just entered the Top 33 private enterprises paying the most taxes in 2025 according to the CafeF Private 100 ranking.
AOP's profit margin increased more than 1.5 times in a year is the clearest signal showing that the scale, operating discipline and platforms we build are starting to support and elevate each other. The Group's priority for the second half of the year is to maintain this growth momentum to achieve the goal of making a profit for the first year since trading on UpCoM," said Kelly Wong, General Director of VNG.
Data shows that VNG's core business segments have all grown and expanded the ecosystem. The online game segment recorded total bookings in the period reaching 4,819 billion VND, up 34% over the same period, with 61.3 million active users quarterly and the rate of players paying fees increased from 4.0% to 4.6%.
Revenue from the Zalo & AI (artificial intelligence) segment reached 1,145 billion VND, up 54% over the same period, with new revenue sources such as Enterprise Solutions and value-added services accounting for an increasing proportion in the revenue structure.
ZaloPay's revenue reached 457 billion VND, double compared to the same period, while the total number of active users of this payment platform increased by 39% and the total value of payments increased by 74%.
The B2B - GreenNode business segment recorded revenue of 314 billion VND, of which revenue from AI Cloud increased 3 times compared to the same period and revenue from the key BFSI (Finance - Banking) block increased by 77%.
The results of the first half of 2026 help VNG continue to closely follow the 2026 business plan approved at the June 2026 general meeting of shareholders, with a net revenue target of 12,500 to 13,500 billion VND (an increase of 15-25%) and a profit target for the whole year for the first time since VNZ shares traded on UpCoM.
