CTD - H1 2020 margin expansion partially offset revenue decline - Earnings Flash
  • 20 Jul 2020
  • Company Research
CTD announced that its Q2 2020 net revenue sank 31% YoY (VND4.0tn/USD172.7mn) while its NPAT-MI surged 28% YoY (VND158bn/USD6.9mn). The discrepancy between top and bottom-line growth was mainly driven by a strong gross margin expansion in Q2 2020 to 6.1%