BSR - Plunging oil prices lead to losses in Q3; NPAT-MI below expectations - Earnings Flash
  • 31 Oct 2024
  • Company Research
BSR released its Q3 2024 results with revenue of VND31.9tn (-15% YoY) and reported a net loss of VND1.2tn (vs reported NPAT-MI of VND3.3tn in Q3 2023). The YoY drop was mainly due to (1) lower YoY average crack spreads (the difference between output price