Analyst Pin-board: CTI – 2019 AGM Update
We attended CTI AGM on May 18, in Dong Nai province. The meeting was well attended with all documents being approved by the shareholders. Hereunder is our takeaways:
- FY2019 year target. Net revenue and NPAT were set at VND 1,305 billion (+42% YoY) and VND 142 billion (+10% YoY), respectively. Expected sales breakdown includes 43.2% from BOT; 37.2% from construction (concrete and drainage) and 11.2% from stone exploitation & processing.
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