GMD released its 2019 results in which revenue was down 2.5% YoY to VND2.6tn (USD114mn) and reported NPAT-MI plunged 72% YoY to VND515bn (USD22mn). The strong drop in 2019 NPAT-MI was mainly due to a fall in financial gains as 2018 was a high base when GMD recognized strong financial gains from its logistics and shipping segment divestments.