CTG - Strong top-line growth counteracts high provision expenses - Earnings Flash
  • 01 Aug 2023
  • Company Research
CTG released H1 2023 results with TOI of VND34.8tn (USD1.5bn; +15.9% YoY) and NPAT-MI of VND10.0tn (USD424mn; +7.5% YoY), achieving 50.0% and 52.6% of our full-year 2023 forecasts, respectively. Q2 2023 NPAT-MI was VND5.2tn (+8.3% QoQ & +12.0% YoY). We do