FPT – 1Q20F preview and FY20 guidance – AGM Note
- FPT estimates net revenue rose 16% yoy and NP rose 19% yoy in 1Q20.
- The company maintained its attractive dividend policy of 20% cash dividend, with dividend yield of 4.3% in FY20F.
- We reiterate our Add call with an SOP-based TP of VND74,000.
|
Market Price
|
Target Price
|
Dividend Yield
|
Rating
|
Sector
|
|
VND46,850
|
VND74,000
|
3.62%
|
ADD
|
CONGLOMERATE
|
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