PNJ - COVID-19 undermines Q3 earnings, as expected - Earnings Flash
  • 20 Oct 2021
  • Company Research
- PNJ released its preliminary Q3 2021 results with net revenue of VND877bn (USD38mn; -78% YoY) and a net loss of VND160bn (USD7mn) vs net profit of VND202bn (USD8.8mn) in Q3 2020. We attribute these weak results to severe COVID-19 disruptions that forced