Analysis Center

REE CORPORATION (HOSE: REE) REE announced 2024 results, marking a second consecutive year of decline, with VND8,383 bn in revenue, -2.2% YoY, and VND1,994 bn in NPATMI, -8.9% YoY, achieving 82.8% of the 2024 company’s plan and 81.2% of...

MOBILE WORLD INVESTMENT CORP (MWG VN) The company ended 2024 with 13.6% YoY growth in net revenue and 22-fold YoY growth in EAT, largely thanks to a rebound in TGDD & DMX’s results and BHX starting to make profit....

PetroVietnam Drilling and Well Service Corp. (PVD VN)  PVD recorded NPAT at VND232 billion (+19.7% YoY) in Q4/2024 and VND694 billion (+27.2% YoY) in 2024, completing 182% of its annual plan and 97.7% of ACBS’s forecast. For 2025, NPAT...

Novaland (HOSE: NVL) held 4Q2024 Analyst Meeting on 02/27/2025 with the following highlights: Potential reversal of provision from paid land use fees for the Lakeview City Project, but the specific amount remains undisclosed. Specifically, after the HCMC announced the...

KINH BAC CITY DEVELOPMENT HOLDING CORPORATION JSC (KBC VN) Disappointing 2024 result was below our forecast due to low industrial park area delivered in 4Q2024. Adjust 2025 NPAT up by 19% to VND1.2 trn given a delay in industrial...

SAI GON THUONG TIN COMMERCIAL JS BANK (STB) We recommend a BUY with a one-year target price of VND 50,700 per share. Our target price includes potential gains from liquidation of the 32.5% STB shares, along with 80% of...