GMD – NR Note – 20190517
- Gemadept Corporation is the Vietnam leading private port operator. It plans to triple its current container port capacity to 3.6m TEUs in 2022F by launching the largest deep sea Gemalink port and Nam Dinh Vu port phase 2, phase 3.
Market Price
|
Target Price
|
Dividend Yield
|
Rating
|
Sector
|
VND26,300
|
N/A
|
5.7%
|
NOT RATED
|
INDUSTRIALS
|
Please follow this link for the full report
You Might Be Interested
Company Note
5
1Q22 net profit (NP) rose 11.8% yoy to VND152.5bn thanks to the contribution of newly-acquired tankers, fulfilling only 18.2% our forecast. We expect PVT to keep rejuvenating its fleet in 2022, becoming the key driver for PVT to attain a…
Company Note
10
1Q22 revenue and net profit grew robustly of VND10,143bn (+46.6% yoy) and NP of VND721bn(+40.5% yoy), fulfilling 44.6% of our FY22F forecast. We expect net profit to accelerate 60.5%/24.1% yoy in FY22/23F. Reiterate ADD with TP of VND131,100. Market Price…
Company Note
21
1Q22 net profit (NP) grew 49.5% yoy to VND216bn, higher than that of 30% yoy of 1Q21, coming in at 23% of our full-year forecast. We expect current high oil price environment to set the stage for PVS in negotiating…