NKG - Smaller QoQ net loss amid inventory provision reversion - Earnings Flash
  • 28 Apr 2023
  • Company Research
- NKG reported Q1 2023 revenue of VND4.4tn (USD185.4mn; -39% YoY) and a third consecutive quarterly net loss of VND49bn (USD2.1n) compared to NPAT-MI of VND507bn (USD21.5mn) in Q1 2022. We attribute these weak Q1 2023 results to a slowdown in demand in bo