DHG - ADD - 1Q2012 results affirm our ADD rating - Update
  • 09 May 2012
  • Company Research
We reiterate our target price of VND71,000 and ADD rating – 1Q2012 results are in line with our forecast coming in at 7.1% YoY top line growth and 16.4% bottom line growth. We had forecasted sales of VND2,851 bn (+14.5%) and net earnings of VND487 bn (+17