Challenging Earnings and Growth
We expect fading momentum for the company's earnings in 2H20E, weighed down by Hongsa (due to the extended major overhaul at unit #3 and the...
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Unexciting Earnings Growth; but Potential Growth Ahead
Although the company's earnings growth will be unexciting in 2020-21E, its long-term growth story remains intact for both the core power business...
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Challenging Earnings Amid Cyclical Prices
The company's stronger 1Q20 NP was driven by huge forex gain, against a core loss. We expect the 2Q20E core earnings to remain weak, weighed down...
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