BID – Results exceed expectations with robust gains from FX trading, investment securities; EGM for new BOD, BOS members – Earnings Flash & EGM Note

• 30 Jan 2024
• Company Research

BID released its 2023 results with TOI of VND73.0tn (USD3.0bn; +5.1% YoY) and bottom-line net profit of VND21.6tn (USD891mn; +19.2% YoY), fulfilling 102% and 98% of our respective FY2023 forecasts. Q4 2023 NPAT-MI was VND6.1tn (+32.6% QoQ; +48.9% YoY). Ov