GMD - Strong Q1 2022 results; rights issuance plan approved - AGM Note & Earnings Flash
  • 2022-04-25T00:00:00
  • Company Research

We attended GMD’s AGM on April 25 in HCMC.  Shareholders approved GMD’s 2022 guidance for revenue of VND3.8tn (USD165mn; +19% YoY) and PBT of VND1.0tn (USD43mn; +24% YoY), representing 109% and 99% of our respective forecasts. In a more positive scenario, management aims to achieve 2022 revenue of VND3.85tn (USD167mn; +20% YoY) and PBT of VND1.2tn (USD52mn; +49% YoY

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