HDG – Q2 strong office leasing & hotel performance to offset weak hydropower output, in line with our forecast – Earnings Flash
  • 31 Jul 2024
  • Company Research
* HDG announced its Q2 2024 results with revenue of VND560bn (-1% YoY) and reported NPAT-MI of VND74bn (+110% YoY). We attribute the YoY flat revenue to a 28% YoY increase in office leasing & hotel revenue, which offset a 7% decline from the energy segmen