Analyst Pin-board: PXS - Hoping for 2019
As an EPCIC company, PXS is suffering from the downtrend in the oil price. Because most of its revenues come from the M&C segment, the business has been experiencing a “gloomy” period for years. PXS will face another difficult year before things bottom out in 2019.
For 2018, PXS targets revenues of VND670 Bn, mainly from Thai Binh and Song Hau 1 Thermal Power. However, this will not have a significant impact on its 2018 net profit. As a result, PXS only plans to reach VND2 Bn for the net profit.
Viet Dragon Securities belongs to top 20 biggest securities companies in terms of chartered capital in Vietnam. With a qualified, dedicated and professional team, a widespread network, advanced technology, diversified products and services, and good relationship with local and foreign institutions, we provide a wide range of services and products to our clients both individuals and institutions, both local and foreign. We commit to provide our clients with promising investment opportunities and a comprehensive and professional financial investment services.
RongViet Research reports are diversified and abundant, along with in-depth analysis and performed by experienced, highly-qualified and knowledgeable teams. With the objectives of transparency, accurate and timely manner, RongViet believes that our products would always be important sources of information for customers/investors’ investment decisions.”
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.