Sonadezi Long Thanh (HOSE: SZL) is a subsidiary of the State-owned Sonadezi Corporation (UPCoM: SNZ), an industrial & residential real estate developer in the South of Vietnam. By activity, ready-built factory (RBF) rental, industrial rental, water & sewage, and residential housing accounted for 55%, 24%, 14% and 7% of SZL’s gross profit in 2019, respectively. H1 2020 NPAT remained resilient amid COVID-19 with 2.3% YoY growth that was mainly delivered by strong growth in gross profit from