Analyst Pin-board: REE – 2019 AGM Update
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In 2018, REE surprised the market when its NPAT-MI grew by 30% YoY to a record high of VND 1,784 billion. This performance was attributable to important contribution from power and water utilities segment as its total NPAT rose by 73% YoY and accounted for 61% of REE’s total earnings. Regarding 2019 plan, the company remained conservative as usual when it set a NPAT target at 18% below FY2018 performance. However, we still consider the target for 45% reduction in NPAT of power and water “too conservative”. |
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.
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