Sector report

• Sector in-depth
• Sector note
• Sector preview
• Sector review

28

June

Seafood sector – In-depth – [NEUTRAL] – Awaiting the “inflection point”

“… Seafood sector is over the hump and being on a recovery path, but we believe this path still faces to some challenges in 2H24F. We await the “inflection point”,...

Report (19)

28

June

Retail sector – In-depth – [NONRATED] – It’s time for a sprint

In 1Q24, we see that consumers’ confidence reached the highest level of 78% in the last 5 quarters. Together with a more bustling production activity (especially in 2Q24 with IIP...

Report (22)

15

May

Retail – Note – [NONRATED] – Weak demand had different impacts

Consumer demand, in general, is not strong during the Tet holiday, but the impact varies among listed retailers. On the positive side, the consumer confidence index in 1Q24 increased to...

Report (3)

09

May

Banking – Note – [NONRATED] – On the path to recovery

Total PBT in 1Q24 (27 banks) increased by +9.5% YoY, driven by improved total operating income (+7.6% YoY) from both net interest income (+8% YoY) and non-interest income (+27% YoY),...

Report (1)

15

April

Power sector – Preview – [NEUTRAL] – 1Q24F Preview: The El Niño calls Coal-fired

The bright spot in 1Q24 was coal-fired power. Growth came from the shortage of hydropower supply and the benefit of rapidly falling coal prices compared to gas prices in recent...

Report (1)

10

April

Seafood sector – Preview – [NEUTRAL] – 1Q24F Preview: First stages of restoration

In 2M24, the total export turnover of pangasius fish increased slightly by 7.8% yoy, with the U.S market being the standout. Meanwhile, shrimp export turnover recorded a growth of +22.6%...

Report (0)

02

October

Power – In-depth – [OVERWEIGHT] – Green Era

Long-term, fast growth in demand for electricity opens up a lot of opportunities for industries in the power system. Regarding the power generation activity, especially, we highly evaluate the growth...

Report (4)

01

June

Crushed Stone – In-depth – [OVERWEIGHT] – Bracing for growth from 2024F

We initiate an Overweight rating on the Crushed Stone industry in 12-month horizons spurred by the robust demand growth serving the public infrastructure spending in 2024-2025F. Going forward, the housing...

Report (6)