POW - Strong coal-fired plant performance, in line with expectation - Earnings Flash
  • 30 Jul 2024
  • Company Research
POW released its official Q2 2024 results with revenue of VND9.4tn (USD372mn; +12% YoY) and NPAT-MI of VND401bn (USD15.8mn; +218% YoY). POW’s Q2 revenue increased 12% YoY due to (1) an 11% YoY increase in sales volume and (2) a 1% YoY increase in ASP. The