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Danang Rubber JSC (DRC VN)
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20
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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bearish
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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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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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