HT1 - Healthy sales volume growth, but gross margin contracts - Earnings Flash
  • 20 Apr 2021
  • Company Research
HT1 reported Q1 2021 results with net revenue remaining flat YoY (VND1.7tn/USD75.7mn) while NPAT-MI dropped 9% YoY (VND95bn/USD4.1mn). The YoY fall in NPAT-MI was mostly due to strong gross margin compression as HT1 decreased its selling prices to support