Analyst Pin-board: LHG – Expecting a lot from Long Hau 3 industrial park
We believe that the results in 2020-2021 of LHG will be guaranteed and contributed mainly from Long Hau 3 industrial park (IP) - Phase 1. In 1H2020, LHG has completed 46% of planned revenue and 78% of planned PAT. They probably can lease another 5-10 ha in 2H2020, so we estimate that LHG's revenue and PAT in 2020 will reach VND 623 billion (+4% YoY) and VND 152 billion (+13% YoY).
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