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
Market commentary: Green returns
FX pressures to subside toward year-end
Aviation – In-depth – [NEUTRAL] – Hold altitude
Market commentary: Divergent movements
Derivatives: Continued consolidation
Derivatives: Momentum slowing
Market commentary: Market volatility
