Give us your feedback

LPB – Migration to the main bourse is a strong catalyst – Update

Company Note 27/08/2020    140

Share

  • 2Q20 net profit dropped 34.2% yoy following a 3.6x yoy surge in provision expenses.
  • 1H20 net profit edged down 2.4% yoy to VND806bn, forming 53% of our FY20F forecast.
  • We reiterate Add and revise our TP up to VND11,000 given the imminent shift to HOSE from UPCOM.

Market Price

Target Price

Dividend Yield

Rating

Sector

VND9,100

VND11,000

0%

ADD

FINANCIALS

Please follow this link for the full report

DMCA.com Protection Status