HDG - Q3 results weak, 9M 2023 NPAT-MI trails our forecast - Earnings Flash
  • 31 Oct 2023
  • Company Research
- HDG released Q3 2023 results with revenue of VND460bn (-45% YoY) and NPAT-MI of VND84bn (-66% YoY). The YoY plunge in NPAT-MI can be attributed primarily to (1) HDG not recording revenue from the real estate segment in Q3 2023 vs VND224bn in Q3 2022, (2