Give us your feedback

3Q21 Earnings Season Tracking: More positive surprises at this point

Strategy Note 22/10/2021    629

Share

Dear investors,
3Q21 Earnings season has kicked off this week. In order to provide a sense of overall 3Q earnings picture, we start tracking the real-time result releases over three bourses HSX, HNX, and UPCOM.
As at 21 Oct  2021, 162 listed companies, representing 9% of the total listed stocks and 8% of market capitalisation, have released 3Q21 results. At this point in time, aggregate earnings of listed companies that are reporting results grew positively 28.3% yoy in 3Q21 and 47.4% yoy in 9M21.

You Might Be Interested

30/06

Year 2023

Navigating Vietnam 2H23 – Enough sunlight, flowers will bloom

Strategy Note 775

We believe that the main growth driver for Vietnam’s economy in 2H23 will mainly come from the government’s economic support policies. Therefore, Vietnam’s key investment topics in the second half of 2023 will be closely related to an easing monetary…

07/06

Year 2023

Viet Nam money market chartbook – SBV cuts the policy rates for the 3rd time

Strategy Note 658

In May 25, the SBV decided to reduce some policy rates such as the refinancing rate (down 0.5% points), the ceiling deposit interest rate for 1-month to 6-month term (down by 0.5% points),.. The 12-month deposit interest rates of commercial…

02/06

Year 2023

Market Strategy June 2023 – Ready to take the opportunity

Strategy Note 528

VN-INDEX closed at 1,064.6pts (+1.5% mtd, +5.7% ytd) on May 25 2023. We believe the market’s rally was supported by: A series of supportive policies issued by the Government and the State Bank of Vietnam (SBV) recently have solved some…