Analysis Center

FPT DIGITAL RETAIL JSC (FRT VN) Surprising earnings of the FPT Shop chain enabled the company to post stunning EBT of VND198bn in 3Q2024 (+198 times YoY), nurturing a positive revision in our EBT projections by 50% for 2024...

VIETNAM NATIONAL PETROLEUM GROUP (PLX VN) PLX announced Q3/2024 NPAT dropping by 82% YoY and 90% QoQ, lower than our expectations. We revised down our 2024 NPAT forecast for PLX by 11% to VND3,712bn (+21.7% YoY). However, recovering fuel...

HOA PHAT GROUP JSC (HPG VN) HPG reported Q3/2024 results showing a continued trend of resilient profits. Cumulative 9M2024, HPG reported VND9,210 bn of NPAT, completing 92% of company 2024 target and 86% of our forecast. Going forward, we...

GEMADEPT CORPORATION (GMD VN) GMD’s Q3/2024 financial results showed significant growth, with net revenue and profit before tax (PBT) for the first nine months reaching 85.5% and 102.5% of the company’s annual targets for 2024, equivalent to 78% and...

GIA LAI ELECTRICITY JSC (HoSE: GEG) GEG reported a decline in its Q3/2024 financial performance, with revenue reaching VND543 bn, -4.1% YoY. The company incurred a loss of VND48 bn in NPAT compared to a profit of VND315 mil...

MOBILE WORLD INVESTMENT CORP (MWG VN) The company’s earnings continued to be fostered by a rebound in TGDD & DMX’s performance, enlargement of BHX’s net profit, refining efficiency by streamlining the store network and no loss from the joint...