VRE – Gear up for the retail boom – NR Note
- VRE solidified its position as the leading retail real estate developer in Vietnam.
- VRE scheduled 13 mall openings in 2019.
- Attract popular brands and chain tenants
- Average occupancy rate improved by 1.6% pts yoy in 1Q19.
|
Market Price
|
Target Price
|
Dividend Yield
|
Rating
|
Sector
|
|
VND35,350
|
N/A
|
N/A
|
NOT RATED
|
RETAILS
|
Please follow this link for the full report
You Might Be Interested
Company Note
5
VRE’s 1Q22 revenue and net profit fell 39% yoy/52% yoy to VND1,369bn/ VND377bn, in line with our forecast. We expect a strong recovery in a couple of next quarters to bring VRE’s earnings to surge 95.5%/64.6% yoy over FY22F/23F, respectively.…
Company Note
9
Charm Villas project is the key driver for net profit growth during FY22-23F. We expect power segment to deliver 38.4% yoy growth in FY22F revenue with full-year operation of three renewable power plants. We reiterate our Add call with a…
Company Note
16
VHC’s 1Q22 net revenue/net profit surged 82.7%/318.3% yoy, fulfilling 29%/39% of our full-year forecasts, respectively. We expect FY22F revenue/NP to grow robustly 52.8%/77.9% yoy, riding on strong export demand and expanding gross margin. Upgrade to Add with a higher TP…
VI
EN
JA
ZH
