POW - Strong coal-fired plant performance in 9M, in line with forecasts - Earnings Flash
  • 30 Oct 2024
  • Company Research
POW announced Q3 2024 revenue of VND6.1tn (USD242mn; +7% YoY) and NPAT-MI of VND400bn (USD16mn; +4x YoY). We attribute the 4x YoY NPAT-MI mainly to a VND340bn (USD13.6mn) net FX gain vs a net FX loss of VND65bn (USD2.6mn) in Q3 2023, in addition to sales