PHR
13
February
PHR – Brief – [NONRATED] – NP slides on weak IP and no VSIP III payment
In 4Q25, PHR reported VND499bn net revenue (-19% QoQ, -21% YoY, figure 1). In particular: Rubber: revenue lowered to VND468bn (94% of total revenue, -22% QoQ, -19% YoY) due to...
Featured Analysis
Covered warrant: Cautious ahead of the holiday period
Derivatives: Liquidity remains subdued
Market commentary: Green at the start of the week
Market traders: Cautious cash flow ahead of the holiday period
SBV returns to liquidity injection ahead of the holiday
Derivatives: Caution Ahead of the Holiday
Market commentary: Caution ahead of the holiday
