Analyst Pin-board KSB – Waiting for strong growth from construction stone and industrial park segments
- Estimated 1H2021 revenue and PBT respectively came at VND 580 billion (-16% YoY) and VND 160 billion (-20% YoY), completing 48% of the revenue target and 46% PBT target.
- KSB has applied for a new license for the Tam Lap quarry phase 1 and expects to be approved in 3Q2021. This quarry can provide 1.2-1.4 million m3 of stone in 2022.
- KSB has compensated roughly 20% of Dat Cuoc Industrial Park – Phase II land area and expects to lease Phase II land from 2022.
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