GMD announced its H1 2024 results with net revenue of VND2.2tn (USD85.8mn; +21% YoY; 51% of our 2024F forecast) and NPAT-MI of VND863bn (USD33.8mn; -53% YoY; 56% of our 2024F forecast). Excluding the financial gains from divestments, H1 core NPAT-MI reach