CTD - Declining revenue, surging SG&A expenses hurt Q3 - Earnings Flash
  • 30 Oct 2020
  • Company Research
CTD announced that its Q3 2020 net revenue sank 55% YoY (VND2.8tn/USD120.7mn) and its NPAT-MI declined 46% YoY (VND89bn/USD3.9mn). Q3 2020 EBIT margin remained flat YoY at 2.3% as gross margin expanded YoY to 6.1% (vs 4.1% in Q3 2019) and was offset by hi