MBB – Solid asset quality to sail through headwinds – Earnings Flash
- 2Q20 net profit grew 18% yoy to VND2,263bn on subdued provisioning.
- 1H20 net profit rose a modest 5% yoy to VND3,975bn, making up 46% of our full-year forecast.
- Reiterate Add with an unchanged TP of VND26,200.
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Market Price
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Target Price
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Dividend Yield
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Rating
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Sector
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VND15,850
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VND26,200
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0%
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ADD
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BANKS
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