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
Derivatives: Breakout signal
Market commentary: Late-session buying interest
Market traders: Proprietary traders continued to maintain net buying
Derivatives: Uptrend sustained
Market commentary: Green at the start of the week
Covered warrant: Liquidity continued to improve
Derivatives: Caution persists
