VJC – We raise our target price for 2018 to VND147,000

November 15, 2017

■ VJC maintained strong Q3 transport and ancillary revenue growth of 34.4% YoY to touch VND6,185bn.
■ Delays in aircraft deliveries proved management’s operational mettle, pushing operational efficiency to new heights.
■ 2018 core net profit could touch VND6,574bn (+92.4% YoY)

VJC_Update_20171114

VJC – We raise our target price for 2018 to VND147,000

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