NT2 - Weak Q3 earnings due to disappointing CGM price - Earnings Flash
  • 19 Oct 2020
  • Company Research
NT2 released Q3 2020 financial results with a reported loss of VND6bn (USD300,000) vs reported NPAT of VND162bn (USD7mn) in Q3 2019. We attribute the weak result to a 32% YoY decline in sales volume (driven by medium maintenance), weaker-than-expected com