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VCSC Daily - Stocks enjoy best day in 2017 - GAS, MWG, PC1, SAB

Market Commentary

18 Dec 2017

GAS: Announces preliminary 2017 results and Government divestment progress. GAS announced preliminary 2017 results with pre-tax profit of VND9.75 trillion (USD429.5 million). This accounts for 75.6% of our 2017 forecast. We believe this preliminary guidance is very conservative and does not include retroactive profit (USD44 million) from the Cuu Long gas pipeline.

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