CII - Huge losses in Q4 due to high interest expense burden - Earnings Flash
  • 29 Jan 2022
  • Company Research
CII released Q4 2021 results with net revenue plunging 73% YoY to VND644bn (USD28mn) and a loss of VND375bn (USD16mn) vs a loss of VND31bn (USD1.3mn) in Q4 2020. These weak results in Q4 2021 were mainly due to muted real estate delivery recognition and h