IDC - 2023 profits ahead of our expectation – Earnings Flash
  • 31 Jan 2024
  • Company Research
IDC released Q4 2023 results with revenue of VND2.2tn (USD92mn; +85% YoY and +55% QoQ) and NPAT-MI of VND551bn (USD29mn; +167% YoY and +242% QoQ). The YoY growth result was mainly due to a higher one-off IP land sales recognition in the quarter. In 2023,