BMP - Q2 results show lower margin for volume growth - Earnings Flash
  • 24 Jul 2019
  • Company Research
BMP announced its Q2 2019 results in which net revenue grew 7% YoY (VND1.2tn/USD51.2mn) while NPAT-MI dropped 14% YoY (VND119bn/USD5.2mn). The discrepancy between the top and bottom-line growth rates is due to a surge in the ratio of SG&A over revenue to