ACB – Brief – [NONRATED] – Tighten cost to keep profit growth
2Q24 PBT grew +16%yoy (to VND5,598bn) thanks to controls in operating expenses and risks provision expenses, per our estimation. 1H2024 PBT rose +5%yoy to VND10,491bn, completing 48% of the 2024 target.
Featured Analysis
Market traders: Foreign net selling trend moderates
Derivatives: Testing the MA10
Market commentary: Demand re-emerges
Chart of the day: Bottom formation signals
Derivatives: Awaiting the next signal
Market commentary: Selling pressure returns
Derivatives: Island Reversal pattern
