August 01, 2016 HPG 1-H results strong as expected showing net sales of VND15,191 billion, (+12.64% y/y) and NPAT of VND3,050 billion, (+60.4% y/y). The top line strong growth was mainly driven by the higher sales volume plus the contribution from the animal feed segment. Meanwhile the bottom line jumped driven by the GPM improvement thanks to the recovery in ASP plus the cheap input material.
July 08, 2016 In first half of 2016, Vietnam stock market moves in the same direction with oil prices. However, this does not necessarily mean Oil & gas stocks are the only market leaders as the market capitalization of these stocks are no longer as high as in previous years.