CTG - NIM recovery, lower provisioning turbocharge NPAT - Earnings Flash
  • 29 Apr 2021
  • Company Research
CTG released Q1 2021 results with TOI of VND12.9tn (USD562mn; +20.9% YoY) and NPAT-MI of VND6.5tn (USD281mn; +167.6% YoY), achieving 23.7% and 33.4% of our FY2021 forecasts, respectively. The impressive increase in the bottom line was mainly due to (1) a