HSG - Another quarterly loss in Q1 FY2023 as margin compresses - Earnings Flash

• 30 Jan 2023
• Company Research

- HSG reported Q1 FY2023 revenue of VND7.9tn (USD335.5mn; -53% YoY & flat QoQ) and a net loss of VND680bn (USD28.8mn) compared to net profit of VND638bn (USD27.0mn) in Q1 FY2022. This is HSG’s second consecutive quarterly loss following Q4 FY2022’s net lo