Give us your feedback

PNJ – 4Q20 results update: Firming a strong recovery – Update

Company Note 22/01/2021    188

Share

  • 4Q20 topline and bottomline grew 9.8% yoy / 10.1% yoy to VND5,843bn/VND427bn, respectively.
  • PNJ’s FY20 revenue inched up 3% yoy to VND17,551bn while net profit slid 10.4% yoy to VND1,069bn, fulfilling 98.3% our forecast.
  • Reiterate Add with unchanged TP of VND99,500.

Market Price

Target Price

Dividend Yield

Rating

Sector

VND82,400

VND99,500

2.24%

ADD

CONSUMER GOODS

Please follow this link for the full report

DMCA.com Protection Status