TCM held its 2019 AGM today in HCMC with the participation of approximately 70 shareholders. TCM released its Q1 preliminary results with revenue up 14% YoY to VND964bn (USD41mn) and NPAT-MI up 36% YoY to VND66bn (USD2.8mn), completing 25% and 26% of our 2019 forecast, respectively, and therefore tracking in line with our expectations. No further commentary was provided.