PPC released Q1 2019 results in which Q1 2019 adjusted NPAT was flat as a higher dividend receipt, mainly contributed by the Hai Phong coal-fired power plant (HND), compensated for a weak sales volume due to technical issues. Meanwhile, Q1 2019 reported NPAT strongly increased 27.2% YoY to VND243bn (USD10.5mn) given (1) PPC recorded minimal Q1 2019 forex gain of VND5bn (USD0.2mn) compared to the Q1 2018 forex loss of VND60bn (USD2.6mn), and (2) deferred receipt for 2016’s realized forex loss