Company Insight

Duc Thanh Wood Processing Joint Stock Company (HoSE: GDT) is a leading company in manufacturing and exporting kitchenware, homeware, and children's toys made from rubberwood in Vietnam. From a small wooden workshop established in 1991, GDT has become a well-known enterprise in the domestic market and international export.

We initiate coverage of GDT with a BUY rating and a target price of VND 59,400, equivalent to a return of 42%, thanks to:

    1) The growth potential of both export and domestic market;

    2) Attractive dividends;

    3) Significant profitability, accompanied by considerably financial strength.