Analysis Reports

SAIGON CARGO SERVICE CORPORATION (SCS)   SCS announced Q2/2025 business results with revenue of VND 292 bn (+10.5% YoY), gross profit of VND 233 bn (+9.7% YoY) and gross profit margin at 80% (flat compared to Q2/2024). Profit before...

PetroVietnam Drilling and Well Service Corp. (PVD VN)   PVD reported Q2/2025 business results with NPAT reaching VND250 billion (+92.3% YoY and +74.8% QoQ), in line with our expectations. For the cumulative 6M2025 period, NPAT increased by 40.5% YoY...

IDICO CORPORATION – JSC (IDC VN) A decline in 1H2025 business results was mainly due to a lower ​​delivered industrial land area. Maintain our 2025 forecast and adjust YE2025 target price down by 6% to VND47,400/share mainly due to...

FPT CORPORATION (FPT VN)   The moderate revenue growth in 2Q was largely driven by a slowdown in global IT services, while the telecom segment continued to underpin EBT. We maintained our EBT growth projection for the company at...

PetroVietnam Technical Services Corporation (HNX: PVS)   PVS announced Q2/2025 earnings with NPAT reaching VND319 billion (+52.6% YoY and +6.6% QoQ), in line with our expectations. Cumulatively for 6M2025, NPAT increased by 20.4% YoY to VND619 billion, achieving 79%...

LIZEN JSC (LCG VN) Lizen JSC (HOSE: SZC) held its 2025 EGM on 08/14/2025 with the following highlights: Capital Raising Plan: LCG plans to raise VND1,000 bn via a private placement of 100 mn shares (equivalent to 51.2% of...