GMD - Earnings decline as port segment remains weak - Earnings Flash
  • 29 Apr 2020
  • Company Research
GMD released its Q1 2020 results in which revenue was down 4.4% YoY to VD601bn (USD26mn) and reported NPAT-MI fell 4.9% YoY to VND114bn (USD4.9mn). In Q1 2020, GMD’s port revenue was down 10% YoY (2019: +3.4% YoY) and the segment’s GPM contracted to 38.7%