2024: Revenue was VND13.4tn (USD530mn, +7% YoY, 92% of our full-year forecast), with NPAT-MI of VND1,333bn (USD52mn, +20% YoY, 104% of our full-year forecast). Revenue expanded due to (1) strong NPK sales volume (+32% YoY) and ASP (+22% YoY), which outwei