IMP - COVID-19 curbs Q3 growth as customers slow orders - Earnings Flash
  • 2020-10-16T21:21:06
  • Company Research
IMP released its Q3 2020 financial statements, in which gross revenue reached VND299bn (USD12.8mn; -10% YoY) while NPAT amounted to VND51bn (USD2.2mn; +23% YoY). For 9M 2020, gross revenue reached VND910bn (USD39mn; +2% YoY) while NPAT amounted to VND139bn (USD6mn; +26% YoY), representing 56% and 65% of our respective 2020F full-year forecasts.In-house product gross revenue (92% of IMP’s 9M 2020 gross revenue) slid 6% YoY in Q3 2020