PVS - Thinner margin for M&C segment drags 9M 2022 earnings - Earnings Flash
  • 28 Oct 2022
  • Company Research
- PVS announced 9M 2022 results with revenue of VND11.1tn (USD452mn; +14.8% YoY) and recurring NPAT-MI of VND367bn (USD15mn; -29.1% YoY). - We attribute the revenue growth in 9M 2022 to mechanics & construction (M&C) jobs from international contracts, inc