Tóm tắt:
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In light of CII’s portfolio divestment plan, SBSC are revising up our FY12 net profit before tax forecasts to VND302bn, up 51% compared with our previous forecast, driven by substantial financial income, additional contributions from its real estate project in 155 Nguyen Chi Thanh and investment gains from selling its stake in Kenh Dong water plant. Consequently, SBSC are revising our target price from VND32,400 to VND37,600/share. Maintain NEUTRAL call.
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