ENTITY
PetroVietnam Power NhonTrach 2

PetroVietnam Power NhonTrach 2 (NT2 VN)

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Analysis
UtilitiesVietnam
PetroVietnam Power NhonTrach 2 Joint Stock Company engages in the production, transmission, and distribution of electricity in Vietnam. It manages, operates, and exploits combined cycle gas turbine power plants. The company is also involved in the construction and operation of power works; provision of support services for water transport; warehousing and storage of goods; transportation of goods through road and inland waterways; architectural and engineering, and technical consultancy related services; professional, scientific, and other technology services; and vocational education services comprising training of human resources in the management, operation, maintenance, and repair of thermal power projects. In addition, it engages in the wholesale of solid, liquid, gas, and related products; and wholesale of machinery, equipment, and other machine parts. The company was founded in 2007 and is based in Nhon Trach, Vietnam. PetroVietnam Power NhonTrach 2 Joint Stock Company is a subsidiary of Petro Vietnam Power Corporation.
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20 Sep 2023 07:24Broker

PetroVietnam Power Nhon Trach 2 JSC - Regain the Earnings Growth

After 2H23 challenging, we expect a strong rebound of 12% YoY in revenue to VND8,971bn and 40% YoY in net profit to VND786bn in FY24.

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28 Sep 2023 08:03Broker

Stock Recommendations (Vietnam Market) - October 2023

JSCB for Investment and Development of Vietnam (BIDV), formerly known as Bank for Construction of Vietnam under the MoF, was established in 1957.

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28 Feb 2023 10:24Broker

PetroVietnam Power Nhon Trach 2 JSC (NT2 VN/Trading Buy)_Update_Profit decline only temporary

We raise our target price for PetroVietnam Power Nhon Trach 2 JSC (NT2) to VND32,600 from VND29,600, and maintain our recommendation of Trading Buy

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07 Jun 2022 10:54Broker

PetroVietnam Power Nhon Trach 2 JSC (NT2 VN/Trading Buy)_Update_Widening top line in 4M22

Valuation and recommendation We maintain our target price for PetroVietnam Power Nhon Trach 2 JSC (NT2) at VND28,000, and downgrade our...

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23 May 2022 11:42Broker

Vietnam Utilities: Strong Earnings Growth in 1Q22

According to the Vietnam Electricity Corporation (EVN), electricity consumption increased by 6.3% YoY in 4M22. Wind power was the biggest...

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