STB released consolidated results for 9M 2023 with TOI of VND19.5tn (USD798mn; +6.3% YoY) and bottom-line net profit of VND5.5tn (USD224mn; +66.0% YoY), achieving 64.1% and 64.3% of our FY2023 forecasts, respectively. Excluding our upfront banca fee assum