Full-year results: Net revenue: VND1,037bn (USD40.7mn; +47% YoY; 103% of our 2024F forecast) – in line with our projection. NPAT-MI: VND693bn (USD27.2mn; +39% YoY; 95% of our 2024F forecast) – slightly weaker than we expected. Q4 results: Net revenue: VND