TMT - NON-RATED - Exceptional automotive market growth - Company Brief
  • 2015-01-15T00:00:00
  • Company Research
Automotive consumption growth for FY14 of 43% vs. FY13. Circular 6 and other related documents from Ministry of Transportation support sales increase. TMT’s forte lies in commercial vehicle assembly. NPAT growth of 15.1x underpins a VND1,800 cash dividend in FY14.