BVH - Conservative guidance for 2021 due to pandemic - AGM Note
  • 2021-06-30T20:19:05
  • Company Research
BVH's AGM was held in Hanoi on June 29, 2021. The meeting’s main agenda was to review 2020 business results, approve 2021 business targets, approve the resignations of a BOD member (Mr. Kenji Yoneda) and a BOS member (Ms. Tran Thi Phuong), and elect two additional BOD members and one additional BOS member. 2021 guidance includes parent company revenue of VND1.510tn (+7.1% YoY) and NPAT of VND1.03tn (+1.8% YoY; 10% below our forecast). Expected ROE (with charter capital of VND7.423tn)