ANV - REBUILDING THE FOUNDATION - LEADING THE TIMES

ANV - REBUILDING THE FOUNDATION - LEADING THE TIMES

Dear valued customers, ANV Stock Analysis Report

In the first nine months of the year, ANV recorded impressive business growth results. Some key points are as follows:

The pangasius and tilapia industry is facing opportunities for recovery. The main drivers of recovery come from: (i) Strong market demand at the end of the year and orders for the 2026 Tet holiday; (ii) Vietnam's 20% reciprocal tax is much lower than many other seafood exporting countries in the market; and (iii) Vietnam has certain advantages from participating in trade agreements.

ANV is a leading enterprise in the industry, owning large farming areas and having outstanding profit margins. ANV owns the largest farming area in the country, and its advanced farming technology system allows ANV to be 100% self-sufficient in fish fry, raw materials, and feed. Significantly improves profit margins.

RISKS

Includes: Disease and environmental risks; Raw material supply risks; Interest rate, loan, and high financial leverage risks; Exchange rate risks; Market and export policy risks; and Other risks.