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

Mirae Asset Securities

Leading full-service brokerage firm in Vietnam. 

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External broker reports(aggregated public sources)

Equity Bottom-Up

<ul><li>For 3Q25, APR posted above-consensus results, with revenue of W385.9bn (+122% YoY) and operating profit of W96.1bn (+253% YoY).</li><li>Overseas revenue surged to W309.9bn (+210% YoY, +22% QoQ), expanding to 80% of total revenue.</li><li>OP margin reached 25%, backed by strong top-line growth and an increased share of high-margin overseas sales. </li></ul><p><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></p>

For 3Q25, APR posted above-consensus results, with revenue of W385.9bn (+122% YoY) and operating profit of W96.1bn (+253% YoY).Overseas revenue surged to W309.9bn (+210% YoY, +22% QoQ), expanding to 80% of total revenue.OP margin reached 25%, backed by strong top-line growth and an increased share of high-margin overseas sales. 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.

APR (278470 KS/Buy)A Rare Buying Opportunity