BMP - Benefit from low input plastic prices fades in Q4 - Earnings Flash
  • 28 Jan 2021
  • Company Research
BMP released Q4 2020 results with revenue of VND1.3tn (USD56.5mn; +12% YoY) and NPAT-MI of VND111bn (USD4.8m; +17% YoY). We attribute the strong earnings result to 1) healthy sales volume growth of 5% in Q4 2020 and 2) BMP’s increasing automation as well