Analysis Center

KHANG DIEN HOUSE TRADING AND INVESTMENT JSC (KDH VN) A decline in 3Q2024 and 9M2024 results was mainly due to a lower number of low-rise units delivered at Classia project. Keep our 2024 forecast unchanged as we expect the...

REE CORPORATION (HoSE: REE) REE reported +3.4% YoY in revenue to VND2,029 bn in Q3/2024, accompanied by  +6.9% YoY in NPATMI to VND480 bn. Cumulative 9M2024, NPATMI reached VND1,316 bn, -21.8% YoY, fulfilling 55% of the 2024’s company target...

PHU NHUAN JEWELRY JSC (PNJ VN) Although a positive rebound in the retail segment kept propping up the company’s sales growth regardless of a slump in the 24K gold segment in 3Q2024, we revised down 2024-2025 EBT projections by...

IDICO CORPORATION – JSC (IDC VN) Business result in 3Q2024 was higher than our expectation, thus we adjust 2024 revenue up by 10% and PBT up by 6%. Our YE2025 target price slightly increased by 2% to VND67,700/share mainly...

PetroVietnam Drilling and Well Service Corp. (PVD VN)  PVD recorded Q3/2024 business results with profit after tax reaching VND180 billion (+35.2% YoY and +38.5% QoQ), lower than our expectations. Cumulatively, 9M2024 NPAT increased by 34% to VND461 billion, completing...

SAIGON CARGO SERVICE CORPORATION (SCS) SCS announced its Q3/2024 earnings, showing continued positive growth and achieving 86.9% of its annual pre-tax profit target. With these results, SCS is on track to surpass both the revenue and pre-tax profit forecasts...