VCB – Earnings review – [BUY] – Enhancing asset quality
2Q24 PBT rallied +9.0% yoy to VND10.1tn thanks to a decrease in operating costs (-9.4% yoy) and provision risk expenses (-40.3% yoy). Accumulated 1H24 PBT posted VND20.8tn, up +1.6%yoy, equalling 48% of the 2024 target and 46% of KIS estimation.
Featured Analysis
Trump’s inauguration: What to expect?
Chart of the day: A short-term uptrend?
SBV resumes liquidity injection ahead of Trump’s inauguration
Market Trader: Foreign investors net sold year-to-dates
Market traders: Khối ngoại bán ròng từ đầu năm
Covered warrant: Demand dominates in the CWs market
Derivatives: Breakout signals
