PLX - Strong sales volume growth and favourable oil price movement in Q2 drove earnings - Earnings Flash
  • 01 Aug 2018
  • Company Research
PLX’s Q2 result came out with a surprise. Rebounding from a weak Q1 (recurring NPAT -10.1% YoY, Q2 recurring NPAT jumped 78.4% YoY. As a result, H1 recurring NPAT rose by 25.9% YoY thanks to 1) strong domestic and retail (COCO) sales volume growth 2) high