Petrovietnam Power Services Adjusts Financial Metrics Amid Mixed Technical Signals

Petrovietnam Power Services JSC has recently undergone an evaluation adjustment, reflecting changes in its underlying financial and technical metrics. The stock's score has been revised, indicating a shift in its technical trend from a mildly bearish stance to a sideways position. This adjustment highlights a more stable outlook in the technical analysis, with various indicators such as the MACD and Bollinger Bands showing mixed signals across different time frames.
On the financial side, the company has experienced a notable quarter, with net sales reaching VND 116,858.77 million, marking a growth of 35.74%. Additionally, the inventory turnover ratio stands at a robust 44.62%, while the debtors turnover ratio is at 4.55%, both of which are the highest recorded figures. However, the net profit has shown a decline of 29.41%, and the return on capital employed (ROCE) is at a low of 8.89%. Furthermore, raw material costs have increased by 10.12% year-over-year, indicating some pressures on the cost side.

These developments provide a comprehensive view of Petrovietnam Power Services JSC's current standing in the construction industry, reflecting both strengths and challenges in its operational landscape.

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