Analysis Center

SAIGON VRG INVESTMENT JSC (SIP VN) Positive 3Q2024 and 9M2024 results. Revise estimated 2024 PAT up by 5% given an increase in estimated financial income. Target price at YE2025 is VND95,800/share, up by 12% compared to YE2024 target price...

GIA LAI ELECTRICTY JST (HoSE: GEG) GEG reported -4.1% YoY in revenue to VND543 bn in Q3/2024, resulting in NPAT of VND48 bn loss compared to VND315 mil YoY. Cumulative 9M2024, GEG achieved VND80 bn in NPAT, -27.8% YoY....

Hai An Transport & Stevedoring JSC (HSX: HAH): Expanding the fleet, reaching new market Founded in 2009, HAH is one of the pioneering port operators along Cam river in Hai Phong. Over the years, the company has gradually developed...

PetroVietnam Power Corporation (HoSE: POW) POW reported a +6.7% YoY in revenue to VND6,061 bn in Q3/2024, accompanied by a +764.8% YoY in NPAT to VND453 bn. For 9M2024, the company achieved VND1,111 bn in NPAT, +27.7% YoY primarily...

BINH SON REFINING AND PETROCHEMICAL JSC (BSR VN)  BSR announced Q3/2024 business results with net loss of VND1,209 bn (compared to NPAT of VND3,235 bn in Q3/2023), lower than our expectations, primarily due to a continuous decline of oil...

PETRO VIET NAM CA MAU FERTILIZER JSC (DCM VN) DCM announced 9M2024 results with NPAT of VND1,056 billion (+71.3% YoY), completing 133% of its annual plan. We revised DCM’s 2024 NPAT forecast up by 14% YoY to VND1,422 billion...