CTG - Cir.14 provisioning takes heavy toll on Q4 profitability - Earnings Flash
  • 29 Jan 2022
  • Company Research
CTG released 2021 results with TOI of VND53.1tn (USD2.3bn; +17.2% YoY) and NPAT-MI of VND14.1tn (USD613mn; +2.7% YoY), achieving 98.7% and 91.6% of our FY2021 forecasts, respectively. The increase in the bottom line was mainly due to (1) a 17.5% YoY incre