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Danang Rubber JSC (DRC VN)
Watchlist
22
Analysis
Industrials
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Vietnam
Danang Rubber JSC manufactures vehicle tires. The Company produces tires for bicycles, motorcycles, automobiles, and trucks.
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bullish
•
Danang Rubber JSC
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31 Aug 2024 05:54
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Broker
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...
Vietcap
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320 Views
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bullish
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Danang Rubber JSC
•
29 Aug 2024 19:00
•
Broker
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...
Vietcap
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186 Views
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bearish
•
Danang Rubber JSC
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06 Jun 2023 09:57
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Broker
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...
Rong Viet Securities
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273 Views
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bullish
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Danang Rubber JSC
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15 May 2023 09:09
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Broker
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.
Rong Viet Securities
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199 Views
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bullish
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Thematic (Sector/Industry)
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10 Sep 2018 10:55
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Syndicated
[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...
Rong Viet Securities
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234 Views
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