Report

Analyst Pin-board REE – Consolidate VSH in 2Q2021

  • Revenue is going to grow thanks to VSH contribution from 2Q2021 because REE just raised its ownership from 49.52% to 50.45% in May. This consolidation is going to boost REE’s revenue yet NPAT contribution nearly unchanged.
  • NPAT contribution from VSH is estimated at roughly VND 100 billion (or USD 4 million) during 2021.
  • This consolidation might impact REE’s financial leverage given the high leverage of VSH.
Provider
Viet Dragon Securities
Viet Dragon Securities

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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Analysts
Son Tran

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