PVD – Earnings Review – [BUY] – Keep up the momentum
PVD’s 3Q24 revenue grew by 77% yoy (VND2,438bn, 104% of KIS forecast), attributed to high workload. NPAT-MI, accordingly, rose by 21% yoy to VND182bn, fulfilling 110% of our forecast.
Featured Analysis
Derivatives: Waiting for trend confirmation
Market commentary: Low liquidity
Covered warrant: Subdued activity
SBV injects significantly to ease year-end liquidity pressure despite amplified USDVND strain
Market Trader: Improved liquidity
Oil & Gas sector – In-depth – [NEUTRAL] – 2025 Outlook: LNG gains the spotlight
Derivatives: Low liquidity
