STB - Higher LDR ratio compensates for IEA yield drop; flat NIM - Earnings Flash
  • 30 Jul 2021
  • Company Research
STB released consolidated results for H1 2021 with TOI of VND8.9tn (USD387mn; +19.4% YoY) and bottom-line net profit of VND1.9tn (USD83mn; +69.5% YoY), achieving 44.8% and 55.2% of our FY2021 forecasts, respectively. The increase in NPAT was mainly driven