Company Insight

REE operates in three core business segments: M&E (Mechanical and Electrical), Electricity, and Office Leasing. Additionally, REE is involved in the water and real estate sectors. In the energy segment, REE owns power plants with a total installed capacity of 1,086 MW. In the real estate segment, REE is leasing approximately 180,000 square meters, contributing 25% to the company's profit. In the traditional M&E business, REE is a leading M&E contractor and distributor of Reetech air conditioners. Using the SOTP valuation method, we update the target price for REE to 68,600 VND.