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: Market rebound
CNG – Earnings review – [HOLD] – 4Q25: Sacrificing profit for market expansion
Derivatives: Intensified selling pressure
Market commentary: Prolonged selling pressure
VOS – Brief – [NONRATED] – Core earnings surge, Vosco Unity liquidation
Derivatives: Sustained selling pressure
Market commentary: Risks remain present
