HT1 [O-PF +18%] - Stellar 3Q buoys expectation - Update
  • 09 Nov 2015
  • Company Research
Impressive 3Q result despite suffering a forex loss of VND 83b, propelled by stronger-than-expected cement sales volume and margin expansion. Cement demand is strong driven by the construction segment. As such, we raise TP to VND31,700, following an upwar