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 commentary: Pessimistic sentiment
Market commentary: Demand returns
Derivatives: Continued consolidation
Strategy Monthly: Impact of the January effect?
Market commentary: Low liquidity
Derivatives: Awaiting a breakout signal
Fund flow: Demand returns to Vietnam
