PLX - Q1 2023 results slightly trailed our expectation - Earnings Flash
  • 04 May 2023
  • Company Research
- PLX released Q1 2023 results with revenue of VND67tn (USD2.9bn; +0.6% YoY) and NPAT-MI of VND620bn (USD26mn; +2.6x YoY). We attribute the nearly flat YoY revenue to 4% YoY domestic volume growth — which was higher-than-our expectation — and 3.9% YoY hig