KBC - Marginal Q2 profit amid travel restrictions - Earnings Flash
  • 30 Jul 2020
  • Company Research
KBC posted disappointing Q2 2020 results with revenue plunging 84% YoY to VND172bn (USD7.4mn) and NPAT-MI of only VND1.7bn (USD73,000) vs VND300bn (USD13mn) in Q2 2019. We believe these weak results were mainly due to the negative impact of COVID-19 that