VJC held its 2019 AGM in Ho Chi Minh City today with more than 300 shareholders. VJC guided for 2019 core revenue of VND42tn/USD1.8bn (+25% YoY, 1.5% above our forecast) and 2019 core PBT of VND3.8tn/USD165mn (+25% YoY, 1.4% below our forecast). VJC guided for 2019 total revenue of VND58tn/USD2.5bn (+9.0% YoY, 13% below our forecast) and 2019 total PBT of VND6.2tn/USD270mn (+6.9% YoY, 15% below our forecast).