· In 1H2022, we expect revenue and NPAT to reach VND 3,232 Bn (or USD 140 Mn, +36% YoY) and VND 125 Bn (or USD 5.4 Mn, +50% YoY), driven by: (1) increasing orders from Decathlon, Haddad and Columbia, (2) net margin to improve 50 bps to 4% in 1H2022 despite high material cost due to SG&A cost reduction. · We expect revenue to grow by 19%/11% YoY and NPAT to increase by 22%/23% YoY in FY2022/2023, respectively, driven by: (1) capacity expansion and increasing revenue per g...
Full Article at IIR has reaffirmed its Recommended rating for PIA after undertaking a review post the appointment of a new Portfolio Manager, Harding Loevner. The full report can be found on the IIR website. On 26 July 2021, Pengana International Equities Limited (PIA) announced a fully franked dividend of 1.35 cents per share for the June quarter. This represents an 8% increase on the March quarter dividend and takes the total dividends declared for FY21 of 5.1 cents per share, fully franked....