Company Report

Product delivery boosted in 4Q21

3Q earnings up 84% YoY

Revenue from laptops & tablets posted a strong growth

3Q net profit decreased 96% YoY

Healthy finance and high fertilizer prices

We recommend BUY for NTC stocks with a target price of VND264,000/share after considering the promising Nam Tan Uyen Industrial Park expansion phase 2 project and healthy financial status of the company

Positive outlook thanks to large landbank

Bulk sales of three mega projects accelerated

2Q21 PBT lower than expected

Attractive valuation & positive long-term outlook