DGC - Shrinking GPM, rising SG&A expenses weigh on earnings - Earnings Flash
  • 23 Oct 2024
  • Company Research
DGC announced its Q3 2024 results with revenue of VND2.6tn (+2% QoQ; +4% YoY) and NPAT-MI of VND706bn (-17% QoQ; -7% YoY). Overall, 9M 2024 revenue and NPAT-MI fulfill 69% and 67% of our full-year forecasts, respectively. We foresee minimal changes to our