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Published Date: 08/07/2024

  • In 1Q24, DBC net profit reached 39 VNDbn mainly driven by 3F business.
  • In 2024, we expect net profit to increase 21x yoy to 518 VNDbn, mainly thanks to increasing swine prices of 21% yoy to 65,000 vnd/kg.
  • We recommend ADD for DBC with a target price of 41,700 vnd/share.
DBC - EQUITY REPORT - ADD
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