DGW – Earnings miss due to higher-than-expected operating expenses - Earnings Flash
  • 31 Jan 2024
  • Company Research
2023: Net revenue declined 15% YoY to VND19tn, and NPAT-MI plunged 48% YoY to VND354bn, completing 98% and 93% of our respective full-year forecasts. NPAT-MI fell short of our expectation due to higher-than-expected SG&A expenses in Q4. Q4 2023: Net reven