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VNM – 2020 AGM: key takeaways – AGM NOTE

Company Note 26/06/2020    209

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  • 1H20 preliminary results: revenue and net profit grew 7% yoy and 3% yoy, respectively.
  • Tie-up with Kido Group (KDC:HOSE) in ice-cream and tap into milk coffee.
  • Maintain ADD with unchanged TP of VND131,000.

Market Price

Target Price

Dividend Yield

Rating

Sector

VND115,900

VND131,000

3.9%

ADD

CONSUMER GOODS

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