Seafood sector – Preview – [Overweight] – 3Q24F Preview: A robust growth trajectory

We believe that the 3Q24F’s earnings for most enterprises in the sector could experience high growth due to the low base effect in 3Q23. Regarding the pangasius industry, VHC could record growth in both volume and pangasius ASPs. However, global shrimp supply pressures remain high, making it unlikely that shrimp ASPs will improve in the short-term.