SCS - Resilient business amid strong headwinds - AGM Note
  • 2020-06-26T20:45:03
  • Company Research
SCS held its AGM in Ho Chi Minh City on June 26, 2020. Management guides for 2020 revenue of VND660bn (USD28mn; -12% YoY) and PBT of VND450bn (USD19mn; -16% YoY) in 2020. The negative growth guidance is mainly due to the adverse impact of COVID-19 limiting air freight capacity via travel restrictions.