NLG - Q3 supported by gain from consolidation of Southgate - Earnings Flash
  • 21 Oct 2021
  • Company Research
NLG posted Q3 2021 NPAT-MI of VND297bn (USD13mn; vs Q3 2020’s low base of VND29bn/USD1.3mn) mainly thanks to a non-cash revaluation gain of VND362bn (USD14mn) from consolidating Southgate JSC. NLG increased its voting rights in Southgate JSC from 50% to 6