NT2 - Strong Q1 NPAT due to high volume, weak competitors - Earnings Flash
  • 20 Apr 2023
  • Company Research
- NT2 released its Q1 2023 results with revenue of VND2.2tn (USD93mn; +9% YoY) and reported NPAT-MI of VND234bn (USD10mn; 47% YoY). The strong NPAT was due to 8% YoY higher sales volume, strong sector competitive generation market (CGM) prices (+11% YoY)