HDG – Energy segment slowing down from Q4
- In 3Q2022, revenue (+32% YoY) and NPAT (+310% YoY) recorded positive growth. The main growth driver came from the energy segment, which maintained a high growth rate (+177% YoY in revenue) thanks to the stable operation of factories and favorable hydrological condition.
- In 4Q2022, Rong Viet estimates that HDG’s revenue and NPAT will reach VND 1,023 bn (+22% QoQ and -22% YoY) and VND 367 billion (+8% QoQ and -40% YoY) respectively. For the whole year 2022, we estimate revenue and NPAT at VND 3,515 bn, -7% yoy and VND 1,416 bn, +5% yoy, completing 95% and 105% of the year plan, respectively. EPS is estimated at 4,870 VND per share.
Ha Do Group Joint Stock Company (HADOCO), formerly Ha Do Joint Stock Company, is a Vietnam-based company engaged in real estate operations. It is also involved in the development and construction of civil and industrial structures, including office and apartment buildings, hydropower plants, power transmission lines and infrastructures. The Company is engaged in the provision of architectural, engineering, interior decorating and installation services, along with real estate brokerage services. In addition, the Company provides ecotourism services and construction equipment repair services. Other activities include hotel and restaurant operations, as well as hydropower generation and trading.
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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