KBC released its Q3 2024 results with revenue of VND950bn (USD38mn; +7% QoQ and +3.8x YoY) and NPAT-MI of VND196bn (USD7.8mn; -17% QoQ and +41.5x YoY). Q3 2024 earnings were primarily driven by IP land handovers of 15 ha (vs 15 ha in H1 2024 and vs our 20