TPB released its results for H1 2023 with TOI of VND7.6tn (USD320mn; -7.5% YoY) and NPAT of VND2.7tn (USD114mn; -10.7% YoY), achieving 42.7% and 39.3% of our full-year forecasts, respectively. Q2 2023 NPAT was VND1.3tn (-8.5% QoQ and -25.3% YoY). We see p