PC1 - Weak Q3 2019 as expected given no real estate bookings - Earnings Flash
  • 2019-10-30T21:03:58
  • Company Research
PC1 released Q3 2019 results in which Q3 2019 revenue increased 10.6% YoY but Q3 2019 NPAT-MI decreased 41.3% YoY due to no real estate bookings. 9M 2019 revenue grew 19.8% YoY to VND4.3tn (USD183mn), mainly driven by the doubling revenue of the grid erection & installation and electric steel pole manufacturing segments.