LTG – Restructuring process could yield positive results from 2019 – Update
- Positive signs in restructuring process. 1Q2019 net profit decreased due to sluggish rice segment and higher interest expense.
- We forecast 2019 profit after tax in line with the company’s full-year guidance.
- Reiterate BUY with a target price of VND27,300/share.
|
Market Price
|
Target Price
|
Dividend Yield
|
Rating
|
Sector
|
|
VND22,800
|
VND27,300
|
7,0%
|
ADD
|
AGRICULTURE
|
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