GMD - Q2 core business flat QoQ; divestment gain supports NPAT-MI - Earnings Flash

• 31 Jul 2023
• Company Research

- GMD released Q2 2023 results with revenue of VND912bn (USD38.7mn; +1% QoQ & -7% YoY) and NPAT-MI of VND1.6tn (USD69.8n; 7.1x QoQ & 4.7x YoY), translating to H1 2023 revenue of VND1.8tn (USD76.9mn; -2% YoY) and NPAT-MI of VND1.8tn (USD78.3mn; 2.3x YoY).