KBC [MARKET PERFORM +4.9%] - Delay in booking H1 IP land sales supports H2 earnings - Update
  • 07 Sep 2017
  • Company Research
We maintain our rating for KBC at MARKET PERFORM (M-PF) with total return of 4.9%. We expect 2017F revenue will accelerate in H2 to reach VND1.8 trillion (USD79.7 million, -7.8% vs 2016), supported by the handover and booking of major contracts in industr