CTD announced weak Q2 2019 results as revenue fell 30% YoY (VND5.79tn/USD251.7mn) and NPAT-MI plummeted 71% YoY (VND124bn/USD5.4mn), mostly due to slower new contract growth and lower-than-expected gross margin. For H1 2019, CTD’s revenue dropped 20% YoY (VND10.0tn/USD436.4mn) and NPAT-MI dropped 56% YoY (VND313bn/USD13.6mn).