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 2Q25, CJ Logistics posted revenue of W3.05tr (-0.4% YoY).</li><li>The contract logistics division delivered solid top-line growth (+13.1% YoY), supported by steady order wins.</li><li>However, the parcel delivery unit (O-NE) saw a 3.7% YoY decline in revenue amid a 3.8% YoY drop in volume. </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 2Q25, CJ Logistics posted revenue of W3.05tr (-0.4% YoY).The contract logistics division delivered solid top-line growth (+13.1% YoY), supported by steady order wins.However, the parcel delivery unit (O-NE) saw a 3.7% YoY decline in revenue amid a 3.8% YoY drop in volume. 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.

CJ Logistics (000120 KS/Buy)Ability to Defend Market Share Partially Confirmed