Published Date: 15/08/2024
- In 2Q24, revenue reached VND 1,162 billion (-10% yoy) and net profit (NP) reached VND 381 billion (+175% yoy);
- We expect net profit to decrease by 27% yoy in 2024 due to the lack of profits from real estate bulk transfer, then increases by 29% yoy in 2025 thanks to
positive outlook for industrial parks; - We recommend ADD for BCM with a target price of VND 82,500/share.