BAF – Update – Maintain strong growth momentum
Posted:25/04/2025
- Swine prices in 2025–26 is expected to remain elevated at VND 65,000–70,000/kg (+10% compared to the 2024 average), driven by a decline in smallholder farmers’ supply due to the impact of the Livestock Law 2025, while pork consumption demand remains stable and growing.
- We forecast that BAF’s net profit in 2025 will reach VND 685 billion, increasing 116.2% yoy, mainly driven by a 43% growth in pig sales volume and a 10% increase in swine prices compared to the previous year.
- We recommend ADD with the target price of 35,500 VND/share
Relevant reports
Don't have an MBS account?
Open an accountStart trading and stay informed with timely updates and valuable reports from MBS.
If you have an MBS account, please register to receive reports from MBS.
Get the latest market updates and corporate insights from MBS.