DGW – Earnings miss projection due to weaker-than-expected GPM - Earnings Flash
  • 02 May 2024
  • Company Research
Q1 2024: Net revenue jumped 26% YoY to VND5.0tn (USD199mn) and NPAT-MI grew 16% YoY to VND92bn (USD4mn), completing 23% and 20% of our respective 2024F forecasts. NPAT-MI fell slightly short of our expectation due to lower-than-expected GPM in Q1. Q1 segm