HPG announced its 9M 2024 results with net revenue of VND104.4tn (USD4,175mn; +23% YoY; 79% of our 2024F forecast) and NPAT-MI of VND9.2tn (USD368.4mn; +1.4x YoY; 75% of our 2024F forecast). In Q3 2024, net revenue was VND34tn (USD1,358mn; -14% QoQ, +19%