PLX - High inventory provision expense dampens H1 profit - Earnings Flash
  • 01 Aug 2022
  • Company Research
- PLX released H1 2022 results with revenue of VND151tn (USD6.6bn; +77.9% YoY) and NPAT-MI of VND206bn (USD9mn; -90.4% YoY). The revenue growth in H1 2022 was due to surging petroleum prices, while the weak NPAT-MI was due to 1) high and volatile input pr