LPB released Q1 2023 results with TOI of VND3.1tn (USD133mn; -3.9% YoY) and bottom-line net profit of VND1.2tn (USD53mn; -12.5% YoY), achieving 20% and 24% of our FY2023 forecasts, respectively. The YoY decrease in NPAT was mainly due to (1) a 3.5% YoY de