PTSC
01
August
PVS – Earnings Review – [BUY] – 2Q25: Full steam ahead
PVS’s 2Q25 revenue continue to witness a solid growth of 33% yoy (+28% qoq) to VND7.38tn, which fulfilled 91% of our 2Q25 forecast. 2Q25 gross profit was recorded at VND441bn,...
13
May
PVS – Earnings Review – [BUY] – 1Q25: Full steam ahead
PVS’s 1Q25 revenue grew sharply by 62% yoy (-38% qoq) to VND6.01tn, fulfilled 92% of our 1Q25 forecast and fulfilled 17.6% of our full-year forecast. Yet, 1Q25 NPAT slightly retreated...
05
February
PVS – Brief – [NONRATED] – 4Q24: One-off income boosted earnings
4Q24 revenue grew to VND9.78tn (+45% yoy) thanks to boosted M&C segment (VND7.21tn, +77% yoy, +199% qoq). NPAT/NPAT-MI surged to VND705bn/VND551bn, respectively grew by 140%/92% yoy.
13
November
PVS – Brief – [NONRATED] – FX loss pressured earnings
3Q24 revenue grew to VND4.82tn (+15% yoy) thanks to the top-line growth from almost all segments. Company gross profit rose 85% yoy with gross margin expanded by 2.6%p, to 6.9%....
Featured Analysis
Market commentary: Market recovery
Derivatives: Awaiting confirmation signal
Market commentary: Strong selling pressure from foreign
Strategic Insight: Wait for a new entry point?
BSR – Brief – [NONRATED] – Reactivating the ethanol plant and finding strategic investors for divesting
Fund flow: SEA faces record capital outflows
Derivatives: Bull trap?
