ENTITY
Danang Rubber JSC

Danang Rubber JSC (DRC VN)

22
Analysis
IndustrialsVietnam
Danang Rubber JSC manufactures vehicle tires. The Company produces tires for bicycles, motorcycles, automobiles, and trucks.
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31 Aug 2024 05:54Broker

Drc - Radial Tire Sales Growth on Track, Higher Logistics Costs

We maintain our MARKET PERFORM rating for DRC and trim our target price (TP) by 1% to VND33,800/share.Our lower TP is due to lowering our aggregate...

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Vietcap
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29 Aug 2024 19:00Broker

DRC VN - Radial Tire Sales Growth on Track, Higher Logistics Costs

We maintain our MARKET PERFORM rating for DRC and trim our target price (TP) by 1% to VND33,800/share.Our lower TP is due to lowering our aggregate...

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Vietcap
186 Views
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06 Jun 2023 09:57Broker

DRC - Raw material costs reduction is the key

Q1/2023 consolidated by -42.3% YoY to VND115 Bn (or USD4.9 Mn), equivalent to a gross margin of 10.3%, explained by lower selling prices and...

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15 May 2023 09:09Broker

DRC- Strong sales growth supports profit growth

Q3/2022 consolidated net revenue reached VND1,353 Bn (or USD 58 Mn, +45.6% YoY), driven by high double-digit growth of the export channel.

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10 Sep 2018 10:55Syndicated

[Results Update]DRC - Difficult to Reach a Turning Point

DRC’s 2Q 2018 performance saw an improvement from a low base in 2Q 2017. However, we forecast that no significant breakthroughs would happen in 3Q...

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