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LPB – Better-than-expected 1Q20 but high growth is unlikely for FY20F – Update

Company Note 22/05/2020    209

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  • 1Q20 net profit rose 18.4% yoy to reach VND486bn, forming 29.8% of our FY20F forecasts.
  • Maintain Add rating with unchanged TP of VND10,000/share.

Market Price

Target Price

Dividend Yield

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VND7,600

VND10,000

0%

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