Market brief 28/01/2022

MBB: profit before tax in 2021, increased by 55% compared to the previous year, reaching more than 16,527b VND, exceeding 25% of the plan thanks to increasing both main revenue and non-interest income. In general, for the whole year of 2021, MB's business activities gave positive results yoy. Main activities brought in nearly 26,200 billion dong of net interest income, up 29% over the previous year. Profit from service activities increased by 22% to VND4,367 billion thanks to increased revenue from insurance business and services, from securities brokerage activities, and from debt settlement.

NVL: Additional listing of nearly 457m shares due to the issue of shares to pay dividends to existing shareholders, bringing the total number of outstanding shares to more than 1,930m shares.

Oil prices fell on Thursday (January 27) after Brent hit a seven-year high above $90 a barrel, as the market balanced concerns about tight supply around the world.

VRE: The profit before tax in Q4.2021 was more than four times higher than in Q3.2021, helping Vincom Retail to record a full year net profit of more than 1,300 billion dong.

MSN: Masan Consumer subsidiary has a profit of more than 5,500b dong after tax in 2021, more than 13,000b dong is deposited. Particularly in Q4.2021, NI was VND 2,040b, up 33.3% QoQ.

MWG: For the whole year, MWG recorded a revenue increase of 13.3% to 122,958b dong, profit after tax of parent company's shareholders increased by 25% to 4,899b dong. The enterprise did not meet the revenue target of VND125,000b but slightly exceeded the target of profit after tax of VND4,750b by 3%. MWG sharply increased short-term loans by VND6,254b to VND21,879b, long-term loans by VND 1,641b to VND2,268b. Total debt increased by VND7,895b to VND24,647b, D/E ratio at 1.2 times.