Analyst Pin-board TDM – Fulfills 68% its 2021 target profit in 2Q2021
- In 2021, the company plans to reach VND 453 Bn (or USD 19.5 Mn) and VND 274 Bn (or USD 11.8 Mn) in revenue and NPAT, +17% YoY and +53% YoY, respectively. It gained VND 119 Bn (or USD 5.1 Mn) in net profit for the first quarter thanks to the BWE’s dividend. The company estimates NPAT in 2Q2021 to be VND 53 billion, +12% YoY. Thus, 1H2021’s NPAT is going to be at 68% of its 2021 target.
- To reach untapped potential areas. in Dong Nai province. Purchased 20% of Gia Tan, alongside BWE owns 48% of Gia Tan, this group is going to unlock this business’s value.
- TDM has sustainable growth based on potential from an industrial park in Binh Duong and the new joint venture in Dong Nai. For its core business, the selling price is going to increase by 5% as schedule and growth in Binh Duong will raise its volume.
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