toggle icon
logo text
logo symbol
toggle icon
Back

KBC [M-PF +1.2%] - Solid core business and non-industrial sales boost earnings - Update

Company Research

31 May 2017

We downgrade KBC from OUTPERFORM to MARKET PERFORM as its share price has risen 10.5% since our initiation report in February. We expect FY17F revenue to grow 10.3% to VND2.2 trillion (USD95 million), mainly driven by 119.1 ha of industrial park (IP) land sales and 2.5 ha of land lot sales at Phuc Ninh residential project.
Tags: KBC

Contact us for a research access: (+84) 2 8888 2 6868

/trung-tam-phan-tich