TLG [OUTPERFORM +19.8%] - Sales rebound, flat EBIT margin to drive 2022 profit growth - Update
  • 09 Feb 2022
  • Company Research
We maintain our OUTPERFORM rating for TLG and raise our target price by 5% to VND49,500/share. Our increased target price is driven by 1) a 10% upward revision in 2022-2026F aggregate NPAT-MI as we expect TLG building a product portfolio with higher margi