Company Report

Benefiting from dry weather

July export surge on completion of 1H delayed shipments

1H loss despite reversing 90% of 1Q’s inventory provision

Hinting at 2Q pretax earnings 32% ahead of consensus

2Q results looking to beat consensus

2Q earnings could reach VND2,700 billion, up 32% yoy

New ship purchases delayed to 2H

Signs strategic agreement with Apple

10% fall in 2020E guidance; Mcredit role increasing

Earnings up double digits in May