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.

We joined the AGM of Duc Thanh Wood and pointed out some of the key notes, plans of the company.

We update the target price of GDT at VND 44,400 - equivalent to an expected return of 56%. In 2023, revenue and NPAT of GDT are expected to continue growing thanks to the sustainable demand of exporting wood products, together with the prospective room expansion in the export market. Additionally, the company restructuring as well as consolidating the business results from furniture segment will boost GDT's revenue and profit in the coming time.