BSR - Weak Q2 results slightly trail our forecast; NPAT lower QoQ - Earnings Flash
  • 31 Jul 2023
  • Company Research
- BSR released its Q2 2023 results with NPAT of VND1.3tn (-87% YoY & -18% QoQ) due to crack spreads (the difference between output prices and input prices) plunging from a high base in Q2 2022. In H1 2023, BSR’s revenue was VND67.7tn (USD2.9bn; -22% YoY)