VCSC Daily - Stocks kick off July by hitting fresh peak - PMI - MSN, GMD

Market Commentary

01 Jul 2021

GMD held its AGM in Ho Chi Minh City on June 30, 2021. Shareholders approved GMD’s 2021 business plan under two scenarios. Under the base-case scenario, management guides for 2021 revenue of VND2.7tn (USD116mn; +4% YoY) and PBT of VND630bn (USD27mn; +23% YoY). Under a more optimistic scenario, GMD guides for revenue of VND2.8tn (USD120mn; +7% YoY) and PBT of VND700bn (USD30mn; +37% YoY). GMD’s base-case revenue and PBT guidance represent 94% and 97% of our respective full-year forecasts

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