Analyst Pin-board: PXS - Low earnings in 2018 is the chance to buy
PXS has just released its Q3 result with the revenue down 5.7x to VND132 bn in 9M due to the shortage of new contracts. Besides, PXS can not record the revenue from the current projects like Thai Binh 2 and Song Hau 1 Thermal Power as the construction progress is too slow. Plus the high interest expense from huge short-term debt, the net income posted a loss of VND 82 bn after 9M2018.
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.