External broker reports(aggregated public sources), Mirae Asset Securities

Mirae Asset Securities

External broker reports(aggregated public sources)

Equity Bottom-Up

Impressive growth on low base Thanks to a low base from April 2020, total net revenue and NPAT for Phu Nhuan Jewelry JSC (PNJ) saw impressive growth in April &amp; May 2021, reaching VND3,444bn (+127% YoY) and VND170bn (versus a loss of VND42bn YoY).<div class="content-highlight"><em>Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.</em></div>

Impressive growth on low base Thanks to a low base from April 2020, total net revenue and NPAT for Phu Nhuan Jewelry JSC (PNJ) saw impressive growth in April &amp; May 2021, reaching VND3,444bn (+127% YoY) and VND170bn (versus a loss of VND42bn YoY).Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

Vietnam

Phu Nhuan Jewelry JSC manufactures jewelry.  The Company retails through its own shops and also sells to wholesalers.

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Phu Nhuan Jewelry (PNJ VN)

Phu Nhuan Jewelry JSC (PNJ VN/Hold)

Impressive growth on low base Thanks to a low base from April 2020, total net revenue and NPAT for Phu Nhuan Jewelry JSC (PNJ) saw impressive...

Mirae Asset Securities

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