Published Date: 25/03/2025
- In 2024, KDH’s net profit reached VND 810 bn (+13% yoy), mainly driven by the handover of The Classia and The Privia project.
- We expect KDH’s profit to increase by 21% and 8% yoy in 2025 and 2026, respectively, mainly driven by Clarita, Emeria and The Solina projects.
- Reiterate ADD rating with a target price of 39,100 VND/share.
