NT2 - Q4 2019 broadly in line with expectations - Earnings Flash
  • 2020-01-20T14:44:05
  • Company Research
NT2 released results with Q4 2019 adjusted NPAT growing 13.9% YoY to VND232bn (USD10mn), which was mainly driven by Q4 2019 sales volume growing 2.8% and lower gas prices (-16.1% YoY).2019 adjusted NPAT declined by 3.9% YoY to VND711bn (USD30.6mn) as strong NPAT in Q2-Q4 2019 failed to compensate for weak NPAT in Q1 2019.