SSI - Sector-wide difficulties remain in Q3; guidance revised - Earnings Flash
  • 31 Oct 2019
  • Company Research
SSI released consolidated results for 9M 2019 with net income totalling VND687bn (USD29mn, -37.3% YoY), which achieved 54% our FY2019 forecast. Q3 2019 net income stood at VND269bn (USD12mn, -28.8% YoY). Annualized 9M 2019 ROE and ROA stood at 9.7% (-6.4