Featured Research

Power Sector: FY2024 Update

Lower profits for gas and hydro firms from output and price declines, higher retail electricity prices will support sector cash flow
02/04/2025
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Credit insight: Impact of US tariff on Vietnam

Higher US tariffs will challenge Vietnam's manufacturers and policymakers
28/03/2025
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Construction Materials Sector: FY2024 Update

Steel firms ended 2024 with stronger profits, while cement and tile firms struggled amid subdued demand
28/03/2025
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Construction Sector: FY 2024 Update

Stronger demand, lower input and financing costs drove higher profits and improved debt coverage
25/03/2025
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Infrastructure Operation Sector: FY2024 Update

Stronger traffic demand, higher fee schemes and increasing public investment drive strong financial performance
12/03/2025
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Research Reports

Showing   / 8 reports
Topic Sector Title Research date Read more
Sector Comment
Securities

Securities Sector: FY2024 Update

Profits improved from stronger margin lending and investment income, asset risks stabilized amid slower bond defaults
04/03/2025 View report
Sector Outlook
Securities

Securities Sector - 2025 Outlook

Private-bank affiliated firms will lead the sector profit growth, boosted by stronger investor sentiment and stabilizing asset risk
22/01/2025 View report
Sector Comment
Securities

Securities Sector - 9M2024 Update

Large firms led sector profit boost with strong margin lending and investment gains, supported by significant capital raises
18/11/2024 View report
Sector Comment
Securities

Securities Sector - 6M2024 Update

Margin lending and investment gains drove strong profits, liquidity remained stable despite higher short-term borrowings
13/08/2024 View report
Sector Comment
Securities

Securities Sector Comment - May 2024

New capital raised in 2024 will bolster growth in margin lending and investments and capacity to manage downside risks
30/05/2024 View report
Sector Outlook
Securities

Securities Sector - 2024 Outlook

Outlook improving from continued growth in margin lending profits and investment gains supported by stronger market conditions, while asset risks stabilize from slower bond defaults
12/03/2024 View report
Sector Comment
Securities

Securities Sector - 9M2023 Update

Profitability recovered from trough levels elevated exposure to higher-risk assets pose downside risk
08/11/2023 View report
Sector Outlook
Securities

Securities Sector - 2023 Outlook

Weak sentiment and elevate asset risks to hurt profitability, while solvency concerns mitigated by low leverage and stable liquitidy
24/05/2023 View report
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