DXG - NON-RATED - Potential legal dispute hammers share price - Update
  • 2015-04-24T00:00:00
  • Company Research
The market has reacted strongly to the recent dispute involving sales of 17 units from the Gia Phu project. Stock price has fallen 9% in the last 2 days. FY15 target likely to be revised down from VND306bn to VND245bn (+46% yoy) due to delays on the Green City project. The fall-out from the legal dispute could drag earnings down further.