NVL - Trên Đà Phục Hồi Reference Price: 15,600
Target Price: 21,000
Upside Potential: +34.6%
Q2/2025: Net loss narrowed to VND 190 billion, a sharp decrease from the VND 6,726 billion loss in the same period of 2024.
Net revenue in Q2/2025 reached VND 1,936 billion, up ~22% YoY.
Cumulative revenue for 6M/2025 was VND 3,715 billion, up ~62.5% YoY.
This shows that core operations have partly recovered, and if sustained, EPS will improve and the P/E ratio will become more reasonable.
The plan to issue an addi
Long
