LPB - NIM increases YoY; enhanced efficiency - Earnings Flash
  • 22 Jan 2025
  • Company Research
LPB released its 2024 results with TOI of VND19.9tn (USD784mn; +27.5% YoY) and PBT of VND12.2tn (USD479mn; +72.6% YoY), fulfilling 108% and 121% of our respective FY2024 forecasts. Overall, LPB’s 2024 earnings tracked ahead of our expectations. We see pot