BSR - Strong volume recovery offsets lower spread - Earnings Flash
  • 31 Jul 2018
  • Company Research
BSR announced H1 2018 results in which revenue grew 45% YoY to VND55.9tn (USD2.5bn) and NPAT slightly declined by 7% YoY to VND3.4tn (USD151.7mn). Strong sales volume growth of 20% compensated for a decline in crack spread in H1. These results are broadly