NT2 - Strong Q3 earnings beat our expectation - Earnings Flash
  • 18 Oct 2021
  • Company Research
- NT2 released Q3 2021 results with reported NPAT of VND273bn (USD12mn) despite weak sales volume (-40% YoY) vs a loss of VND6bn (USD260,870) in Q3 2020. We attribute these strong earnings results to (1) NT2’s flexible temporary shutdowns of generators (i