Petrolimex
08
November
PLX – Brief – [NONRATED] – Higher Brent volatility undermined earnings
In 3Q24, PLX’s revenue plummeted by 11% yoy (to VND64.3tn) owing to the contraction of both selling price and volume. In 3Q24, gross margin reached 5.3% (-1.0%p qoq and +0.1%p...
Featured Analysis
Market commentary: Waiting for confirmation from liquidity
SBV strengthens liquidity withdrawal amid amplified USDVND pressure
Covered warrant: Cautious market
Market Trader: Foreign investors sold heavily
Derivative: Waiting for a breakout signal
Market commentary: Demand returns
Chart of the day: Continuing Caution
