- TDM announced its Q3 2023 results with revenue of VND107bn (USD4.4mn; -13% YoY) and NPAT-MI of VND57bn (USD2.3mn; +4% YoY). We estimate NPAT from water generation to be VND38bn (USD1.5mn; -30% YoY) in Q3 2023. TDM recorded 2022 dividend income of VND19b