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
Market commentary: Extending the uptrend
Mar 2026: High issuances led by the real estate industry
OCB – Brief -[NONRATED] – AGM Business repositioning
Market commentary: Broad-based gains
Accumulation phase ends
Covered warrant: Liquidity has continued to increase
Derivatives: Late-session buying demand
