PVT – Pummelled by Covid-19 – Update
- 1Q20 results were below estimates due to a weaker-than-expected transportation segment and high FX loss.
- We cut FY20-22F EPS by 24.1-14.4%. Reiterate Add with a lower TP of VND14,400.
Market Price
|
Target Price
|
Dividend Yield
|
Rating
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Sector
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VND11,650
|
VND14,400
|
0%
|
ADD
|
TANKER SHIPPING
|
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