KDH [BUY +23.1%] - Solid growth in earnings and backlog - Update
  • 29 Nov 2019
  • Company Research
We reiterate our BUY rating for KDH and keep our 2019-2021F earnings and presales forecasts broadly unchanged. We increase our target price by 8% to VND32,000/share due to a roll-over of our valuation and an upward revision on the assumed selling prices a