PVS - Positive Prospects from Energy Projects
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During 2017, the company will heavily depend on on-shore projects for its M&C segment. Some of the major projects in this segment include Long Son and Long Phu 1. RongViet Research projects that the contribution from these projects will be around VND600 billion/project, and that these projects will be initiated in early H2 2017. The main projects this year are NH3/NPK, GPP Ca Mau and Su Tu Trang. We also expect for the company’s gross profit margin to improve, as its contract value will increase due to oil prices remaining above USD50/barrel over the last few quarters.
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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