Company Insight

Duc Giang Chemicals Group JSC (DGC) is one of the leading enterprises in the field of industrial chemicals in Vietnam and yellow phosphorus is the main product. Based on DCF method, we update DGC’s target price at VND 130,000. In 2024, we believe that DGC's highlight is the groundbreaking of the Nghi Son project in the 3rd quarter of 2024, which will be a long-term growth driver for DGC.