IDC - Slow IP land handovers in H1; new IP land sales remain positive - Earnings Flash
  • 31 Jul 2023
  • Company Research
- IDC released Q2 2023 results with revenue of VND2.4tn (USD102mn; -27% YoY) and NPAT-MI of VND534bn (USD29mn; -63% YoY). The YoY declines are mainly due to unearned revenue of VND1.4tn (USD61mn) from the fully-occupied Nhon Trach 5 IP with a high GPM of