Analyst Pin-board: TV2 – Core Business Remained Within Expectations
As the leading consulting subsidiary of Vietnam Electricity Corporation (EVN), TV2 has benefited from the parent company’s disbursement of major energy projects. 1H2019 saw strong growth in revenue (+212% yoy), as expected. Effectively, TV2 has just surpassed its whole year guidance of VND 1900 billion in revenue. However, TV2 did not manage to stabilize its gross margin, resulting in a modest earnings growth in 1H2019 compared to the same period last year (+15%).
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.