DIG posted modest Q3 2021 results with net revenue of VND539bn (USD23mn; -44% YoY) and NPAT-MI of VND43bn (USD1.9mn; -38% YoY) that were mainly supported by ongoing handovers at the Gateway Vung Tau and Nam Vinh Yen projects — in line with our expectations. As a result, DIG’s 9M 2021 net revenue reached VND1.7tn (USD72mn; -11% YoY) while NPAT-MI was VND138bn (USD6.0mn; +10% YoY) mainly thanks to scheduled deliveries of pre-sold retail property units.