PVS – Earnings Review – [BUY] – 3Q25: Profit growth in line with expectations
∙ 3Q25 revenue grew by 99% yoy, and NPAT grew 73% yoy
∙ Net financial gains drove 3Q25 NPAT growth
∙ 4Q25F: Staying busy, with triple-digit NPAT growth expected
Featured Analysis
Derivatives: Testing the 2,100-point peak?
Market traders: Liquidity declined ahead of the Lunar New Year holiday
Market commentary: Mild correction
Derivatives: Momentum stalls
Covered warrant: Liquidity declined ahead of the Lunar New Year holiday
Derivatives: Uptrend holds
Market commentary: The fifth consecutive session of gains
