CNG
01
November
GAS – Brief – [NONRATED] – Retreat on the low season
GAS's 3Q24 revenue came in at VND25.3tn (-16% qoq, +14% yoy). Gross profit (GP) was accordingly at VND4.18tn (-13% qoq, +14% yoy), while gross profit margin (GPM) sits at 16.6%...
23
October
CNG – Brief – [NONRATED] – 3Q24: Disappointing bottom-line earnings
CNG's 3Q24 top line saw decent growth, with selling volume increased by 24% and revenue upped by 26% yoy. However, the bottom-line NPAT declined by 7.6% owing to a poor-performing...
02
October
Oil & Gas sector – Preview – [NEUTRAL] – 3Q24F Preview: low Gas, robust Drilling
The bright spot of Oil & Gas sector in 3Q24F is a robust Drilling segment, and PVD is the largest listed beneficiary. Meanwhile, natural gas may see a strong retreat...
13
August
CNG – Brief – [NONRATED] – Positive earnings thanks to less depreciation
In 1H24 CNG revenue declined by 7% yoy, reaching 1,472bn as selling volume declined by 13% yoy. Despite those, Gross profit and NPAT grew strongly respectively by 22% and 25%...
Featured Analysis
Market commentary: Pessimistic sentiment
Market commentary: Demand returns
Derivatives: Continued consolidation
Strategy Monthly: Impact of the January effect?
Market commentary: Low liquidity
Derivatives: Awaiting a breakout signal
Fund flow: Demand returns to Vietnam
