Based on data from 894/1615 Listed Companies officially announced 2Q2019 business results on 3 Exchanges, (645/766 Companies on HoSE and HNX), we summarized and updated as follows: Overview: Revenue growth is 6.7% and Total Attribute to parents company’s growth is 10.4% over the same period. However, the rate excluding Banks and Insurance sector are only 4.7% and 4.9% respectively. By Industry: Sectors with highest Attribute to parents company growth over the same period were: Real Estate (67.13%), Telecommunications (42.11%), Retail (39.52%), Banks (25.9%). Real estate: After VIC and VHM (accounting for 69% of total real estate capitalization) published their report with the growth rate of Attribute to parents company of 687.5% and 75.3% respectively, The whole real estate industry grew up to 67.1%, on top of the market. If VHM and VIC are not included, the real estate industry has net profit growth of only 24.5% over the same period. In addition, the industry EBITDA also increased by 72.8% over the same period. Bank: All listed banks published report. Total Attribute to parents company of listed banks announced an increase of 25.9% compared to the same period last year. Oil and gas: Profit growth was only 8.29% over the same period. The main reason is that PLX (accounting for nearly 72% of the industry's capitalization) slightly decreased by 3.42% of Attribute to parents company compared to the same period. Insurance: A special case when the largest company in the industry BVH (accounting for over 70% of the industry cap) decreased by 23% compared to the same period, as a result, the industry growth went down from 66.5% to only 12.29% Retail: Retail sector has impressive growth of 39.52% thanks to major companies like MWG, DGW with high profit growth of 47.44% and 55.1% respectively.

1. FiinPro Data Release #2:
Earnings Announcements 2Q2019
(Updated to 12:00, 5th Aug, 2019)
FiinPro Client Advisors, FiinGroup
Ha Noi| 05th Aug, 2019

2. 2Financial Information | Business Information | Industry Research
Summary
Overview: Revenue growth is 6.7% and Total Attribute to parents company’s growth is 10.4% over the same period.
However, the rate excluding Banks and Insurance sector are only 4.7% and 4.9% respectively.
By Industry: Sectors with highest Attribute to parents company growth over the same period were: Real Estate
(67.13%), Telecommunications (42.11%), Retail (39.52%), Banks (25.9%).
• Real estate: After VIC and VHM (accounting for 69% of total real estate capitalization) published their report with
the growth rate of Attribute to parents company of 687.5% and 75.3% respectively, The whole real estate industry
grew up to 67.1%, on top of the market. If VHM and VIC are not included, the real estate industry has net profit
growth of only 24.5% over the same period. In addition, the industry EBITDA also increased by 72.8% over the
same period.
• Bank: All listed banks published report. Total Attribute to parents company of listed banks announced an increase
of 25.9% compared to the same period last year.
• Oil and gas: Profit growth was only 8.29% over the same period. The main reason is that PLX (accounting for
nearly 72% of the industry's capitalization) slightly decreased by 3.42% of Attribute to parents company
compared to the same period.
• Insurance: A special case when the largest company in the industry BVH (accounting for over 70% of the
industry cap) decreased by 23% compared to the same period, as a result, the industry growth went down from
66.5% to only 12.29%
• Retail: Retail sector has impressive growth of 39.52% thanks to major companies like MWG, DGW with high
profit growth of 47.44% and 55.1% respectively.
Based on data from 894/1615 Listed Companies officially announced 2Q2019 business results on 3 Exchanges,
(645/766 Companies on HoSE and HNX), we summarized and updated as follows:

3. 3Financial Information | Business Information | Industry Research
Attribute to parents company growth rate of 894 Companies
As of 12pm, August 5nd, there were a total of 894 enterprises posted financial statements (accounting for 89.8%
of market capitalization on 3 Exchange). Total Attribute to parents company increased by 10.37% in 2Q2019
compared to the same period.
67.1%
42.1%
39.5%
25.9%
17.7%
12.3%
8.3%
3.2%
0.1%
-0.6%
-1.4%
-1.7%
-10.9%
-11.8%
-13.1%
-14.1%
-21.1%
-21.5%
-61.6%
4.9%
10.4%
867 894
-1000
-800
-600
-400
-200
0
200
400
600
800
1000
-80.0%
-60.0%
-40.0%
-20.0%
0.0%
20.0%
40.0%
60.0%
80.0%
2Q2019 Attribute to parents company Growth rate (YoY)
Profit Growth Rate No. of reported companies
Source: FiinPro Platform
Note: Total (*) excludes all listed Banks and Insurance Compamies

4. 4Financial Information | Business Information | Industry Research
Considering the results of the first half 2019, Real Estate and Telecommunications are the two leading sectors
with the growth rate of 31.4% and 29.9% over the same period. Attribute to parents company over the market
increased by 4.7% and P/E reached 16.0.
Attribute to parents company growth rate of 894 Companies
31.4%29.9%28.3%
20.3%20.1%19.2%18.5%
2.1% 0.3%
-0.9% -1.6%
-7.5%
-9.5% -9.8%-10.3%
-14.0%
-30.3%
-33.4%-34.9%
-0.4%
4.7%
22.4
12.8 10.6
15.3
11.6
8.6
11.3 13.2
17.9
9.0
14.9
10.2
15.0
21.4
27.1
6.1
11.5
38.3
9.7
17.7 16.0
-50.0
-40.0
-30.0
-20.0
-10.0
0.0
10.0
20.0
30.0
40.0
50.0
-40.0%
-30.0%
-20.0%
-10.0%
0.0%
10.0%
20.0%
30.0%
40.0%
6M2019 Attribute to parents company rate (YoY)
Profit Growth rate PE
Source: FiinPro Platform
Note: Total (*) excludes all listed Banks and Insurance Compamies
The number of 6 months (6M) is calculated by sum of 1Q & 2Q

5. 5Financial Information | Business Information | Industry Research
Sector
Market Cap
(02/08/2019)
Number of
Companies
Profit Growth rate over same period
3Q2018 4Q2018 1Q2019 2Q2019
Oil & Gas 105,782.88 7 21.83% 17.80% 36.51% 8.29%
Chemicals 43,798.53 43 10.07% 27.68% -3.33% -21.15%
Basic Resources 113,752.81 68 -20.33% -47.27% -45.80% -10.90%
Construction & Materials 127,754.44 177 -6.85% -19.46% 2.41% -13.09%
Industrial Goods & Services 373,566.66 135 23.59% 32.39% -2.16% -0.63%
Automobiles & Parts 8,175.25 10 76.57% 14.21% 54.99% 0.15%
Food & Beverage 667,697.89 76 9.41% -5.41% 5.27% -21.49%
Personal & Household Goods 46,001.44 41 14.35% 5.16% 5.82% -1.37%
Health Care 37,878.34 26 9.05% 16.74% 0.96% 3.20%
Retail 56,390.98 17 7.34% 43.02% 20.95% 39.52%
Media 27,581.52 25 117.45% 125.60% 8.68% -61.56%
Travel & Leisure 156,765.87 29 -12.15% 2.43% 6.10% -11.85%
Telecommunications 10,475.66 3 22.23% 34.26% 13.57% 42.11%
Utilities 352,670.55 83 -8.34% -15.57% 6.65% -1.71%
Real Estate 974,527.67 73 72.80% 76.80% -2.87% 67.13%
Financial Services 45,247.97 34 53.07% -23.04% -45.58% -14.07%
Technology 41,125.25 20 22.40% -35.27% 23.04% 17.69%
Total (*) 3,189,193.71 867 14.26% 6.51% -2.19% 4.85%
Insurance 77,821.35 9 -2.91% -21.27% 19.69% 12.29%
Banks 832,509.12 18 15.90% 11.84% 11.99% 25.90%
Total 4,099,524.18 894 14.50% 7.64% 2.35% 10.37%
Attribute to parents company growth by Industry
Excluding the Bank and Insurance Sector, total Attribute to parents company of the whole market in 2Q2019
increased by 4.85% over the same period.
Source: FiinPro Platform
Note: Total (*) excludes all listed Banks and Insurance Compamies

6. 6Financial Information | Business Information | Industry Research
No Ticker Name Exchange
Close
Adjusted
Trading Date:
2019-08-02
(VND)
% Price change 6
months Trading
Date: 2019-08-02
(%)
Market Cap (TTM
Ratios) Trading
Date: 2019-08-02
(VNDbn)
PE (TTM
Ratios) Trading
date: 2019-08-
02
EPS (TTM
Ratios)
Profit
Growth rate
2Q2019 (%)
Completio
n rate (%)
1 NCP
TKV - Cam Pha Thermal
Power
UPCOM 8,028 167.60% 1,581.36
-11.6 -706 117.5% 1490.5%
2 QNS Quang Ngai Sugar UPCOM 31,308 -10.76% 11,175.08 9.3 3,366 -6.5% 261.4%
3 SID Saigon Co.op Investment UPCOM 15,000 -8.33% 1,500.00 21.3 705 -28.8% 250.2%
4 VNB Vietnam Books UPCOM 15,792 -3.12% 1,072.26 12.3 1,300 364.8% 230.4%
5 DGC Ducgiang Chemicals HNX 31,600 -11.91% 3,917.54 5.0 6,334 1213.4% 182.1%
6 HND Hai Phong Thermal power UPCOM 13,837 48.06% 6,918.50 11.2 1,237 57.0% 179.2%
7 VCW Song Da Water Investment UPCOM 32,500 1.72% 2,437.50 9.8 3,314 31.0% 167.6%
8 NBB 577 CORP HOSE 21,400 5.94% 1,997.07 5.7 3,724 507.0% 152.0%
9 DVN Vietnam Pharmaceutical UPCOM 13,436 -15.78% 3,184.33 15.4 868 9.9% 118.7%
10 FTS FPT Securities HOSE 12,600 -16.45% 1,515.07 2.6 4,764 67.8% 116.5%
11 BHN HABECO HOSE 94,000 12.04% 21,789.20 40.7 2,312 1.1% 108.2%
12 DTK Vinacomin Power UPCOM 11,200 0.45% 7,616.00 17.2 696 16.3% 104.1%
13 PVS Petroleum Technical Services HNX 21,900 18.38% 10,467.46 9.3 2,345 15.6% 100.9%
14 CAG An Giang Port HNX 117,800 0.17% 1,625.64 368.0 320 47.5% 100.0%
15 GEG Gia Lai Electricity UPCOM 26,446 77.92% 5,392.12 25.5 1,045 99.0% 97.3%
16 PPC Pha Lai Thermal Power HOSE 25,150 15.61% 8,063.42 7.9 3,193 -18.4% 93.4%
17 D2D
Industrial Urban Development
No.2
HOSE 87,500 136.41% 1,864.62
13.6 6,447 106.7% 93.3%
18 PVT PVTrans HOSE 18,300 7.65% 5,150.35 7.4 2,469 16.6% 92.9%
19 LGC CII Bridges and Roads HOSE 39,450 11.76% 7,608.12 24.3 1,622 129.6% 69.8%
20 VLC Vietnam LiveStock UPCOM 17,273 -6.63% 1,089.94 12.1 1,417 -39.9% 60.9%
Top 20 businesses reached over 50% of profit plan
There are 754 enterprises reported positive profit in 2Q2019, reaching 84.3% of the total number of enterprises
announced. Many large enterprises have completed over 100% of the year profit plan.
Top 20 Enterprises (Capitalization over 1000 billion) have the highest completion rate of 2019 profit plan
Source: FiinPro Platform

7. 7Financial Information | Business Information | Industry Research
Real estate industry: Business results prospered again
Revenue and key indicators of the real estate industry went up in 2Q2019. Apart from VIC and VHM, which profit
was extraodinary, the most outstanding among the remaining companies were: NTL (Profit was 10 times higher
than the same period), LDG (increased by 567%), D2D (141%), DXG (119%)
Source: FiinPro Platform
52.39% Sales
EBIT, 100.78%
15.06%
41.52%
20.21%
23.42%
43.84%
-18.14%
117.66%
28.63%
71.93%
122.48%
63.73%
78.53%
-2.86%
Profit 67.23%
-100.00%
-50.00%
0.00%
50.00%
100.00%
150.00%
200.00%
Real Estate Sector – Sales & Profit Growth
Sales Growth EBIT growth Profit Growth

8. 8Financial Information | Business Information | Industry Research
32.56%
45.07%
49.24%
73.44%
37.24%
61.18%
133.75%
55.56%
29.51%
64.72%
-2.54%
3.11%
-27.02%
EBTIDA 2Q2019
72.82%
1.61
1.67
1.97
1.87
1.93
1.76 1.74
1.81
1.72
1.58 1.57
1.52
1.58
D/E 2Q2019 1.47
0.00
0.50
1.00
1.50
2.00
2.50
-40.00%
-20.00%
0.00%
20.00%
40.00%
60.00%
80.00%
100.00%
120.00%
140.00%
EBITDA growth rate - D/E
EBITDA growth D/E
Real estate industry: EBITDA increase sharply again thanks to VIC and VHM
EBITDA this Quarter experienced a high growth of 72.82% over the same period. Some stocks with breakthrough EBITDA growth
such as D11, RCL, EIN, FIR.
D/E stopped at 1.47, typically, DLR (Da Lat Real Estate) suffered the lack of operating capital, while borrowing was 60 times higher
than equity, led to high interest expense.
Real estate EBITDA improved than previous. However, the ratio of debt/equity of real estate group slightly
dropped to 1.47 (still higher than 1.33 when not accounting VIC and VHM).
Source: FiinPro Platform

9. 9Financial Information | Business Information | Industry Research
Banking industry: Completion rate of profit plan 2019
Source FiinPro Platform
There were 18 banks announcing 2Q2019 financial statements, but only 10/18 banks recorded profit after tax
increased over the same period last year. VCB continued to record huge profits, Attribute to parents company
increased by 49% over the same period, while BID decreased by 7.6% over the same period
56.72%
56.68%
55.22%
53.54%
51.40%
50.85%
50.60%
49.78%
48.53%
48.14%
47.55%
46.43%
45.83%
45.67%
43.70%
0.00%
10.00%
20.00%
30.00%
40.00%
50.00%
60.00%
0
2000
4000
6000
8000
10000
12000
14000
16000
18000
VCB CTG STB VIB MBB SHB TPB ACB KLB TCB BAB BID VBB VPB HDB
VNDbn
Banks profit completion rate 6M2019
Profit plan Profit 6M2019 Completion rate

10. 10Financial Information | Business Information | Industry Research
Banking industry: NPL group 3-5 increased slightly
If include banks on OTC, the second quarter of the banks sector recorded revenue growth of 17.98%. However, bad debt increased
slightly (12.7% over the same period). Some banks with increased 3-5 NPLs such as BIDV, SHB, TPB, especially state-owned banks,
BIDV have bad debts of VND 21,120.5 billion, up 12.33% compared to the beginning of the year.
Source: FiinPro Platform
Bank: High profit growth, total net profit of listed banks announced an increase of 25.37% compared to the
same period last year.
12.41%
-1.52%
32.61%
18.63%
39.49%
36.93%
10.01%
33.72%
6.04%
11.04%
0.85%
13.00%
15.54%
12.58%
Bad debt up to
12.71%
-5.00%
0.00%
5.00%
10.00%
15.00%
20.00%
25.00%
30.00%
35.00%
40.00%
45.00%
Banks growth rate 2Q2019 (YoY)
Credit growth Bad debt growth (group 3-5)

11. 11Financial Information | Business Information | Industry Research
Main Database coverage:
 Data of 3000+ public companies
 Price Data, Corporate Actions and
Financial data
 Industry Data
 Macroeconomic Data
 IPO Data
 Powerful Investment and Analytic Tools
 Various Exclusive Data and Content
All data in this report are
extracted and summarized
from the FiinPro Platform
You can immediately
experience FiinPro following
the steps as instructed on
the next pages

12. 12Financial Information | Business Information | Industry Research
How to extract data from FiinPro
All the above data is compiled from FiinPro. Customers can quickly update daily
business results by following steps:
1. Select tab Data Explorer  Company Data Explorer
Source: FiinPro Platform

13. 13Financial Information | Business Information | Industry Research
2. Select Exchange: VNIndex on HoSE, HNXIndex on HNX and UPCOM
How to extract data from FiinPro
Source: FiinPro Platform

14. 14Financial Information | Business Information | Industry Research
3. Select Indicators: Choose Indicators >> Financial Statements >> Income
Statement >> Sales or type into Search box.
How to extract data from FiinPro
Source: FiinPro Platform

15. 15Financial Information | Business Information | Industry Research
4. Choose Period
We can add more indicators with the same period by double click on the
indicator name on the left.
How to extract data from FiinPro
Source: FiinPro Platform

16. 16Financial Information | Business Information | Industry Research
5. Click Load data to see results and Export Excel for saving. Moreover, we
can Save Template for the next time.
Source: FiinPro Platform
How to extract data from FiinPro

17. 17Financial Information | Business Information | Industry Research
Customer can use Earnings template designed by FiinGroup.
Select Data Explorer  Company Data Explorer  Stoxplus Template 
Earnings
How to extract data from FiinPro
Source: FiinPro Platform

18. 18Financial Information | Business Information | Industry Research
Establish conditions such as: Report Period (Quarter/Year), Report Type
(Consolidated/Parent Company), Reporting Form, etc ... And select stocks by
Exchange, Industry or Created Group.
Source: FiinPro Platform
How to extract data from FiinPro

19. 19Financial Information | Business Information | Industry Research
Click OK, The results obtained are complete data of Balance Sheet, Income
Statements, Cash flow statement and Note of FS of selected stocks.
Source: FiinPro Platform
How to extract data from FiinPro

20. 20Financial Information | Business Information | Industry Research
With Refresh data feature of Excel, customers can update the Data Template daily without reopening
FiinPro. The steps are as follows:
>> Open Excel file exported from FiinPro >> Choose Data Tools >> Click Refresh Data
How to extract data from FiinPro
Source: FiinPro Platform

21. Ho Chi Minh City Branch
3rd Floor, Profomilk Plaza Building,
51-53 Vo Van Tan Street,
Ward 6, District 3, Ho Chi Minh City,
Vietnam
Tel: +84 28 3933 3586/ 85
Email: info@fiingroup.vn
Head Office
5th Floor, Anh Minh Building,
36 Hoang Cau Street,
O Cho Dua Ward, Dong Da District,
Hanoi, Vietnam
Tel: +84 24 3562 6962
Email: info@fiingroup.vn