ACG – Modest demand recovery; expenses related to late VAT tax payments weigh on Q2 earnings – Earnings Flash
  • 30 Jul 2024
  • Company Research
ACG announced its H1 2024 results with net revenue of VND1.7tn (USD67.5mn; +4% YoY; 44% of our 2024F forecast) and NPAT-MI of VND200bn (USD7.8mn; +39% YoY; 38% of our 2024F forecast). In Q2 2024, net revenue was VND1tn (USD40.2mn; +48% QoQ, +6% YoY) and N