CTG - Strong NOII growth counteracts high provision expenses - Earnings Flash
  • 01 Feb 2023
  • Company Research
CTG released 2022 results with TOI of VND64.6tn (USD2.7bn; +21.5% YoY) and NPAT-MI of VND16.9tn (USD716mn; +20.0% YoY), achieving 104.2% and 102.8% of our FY2022 forecasts, respectively. The increase in the bottom line was mainly due to (1) a 14.7% YoY in