TPB released its results for 9M 2024 with TOI of VND12.9tn (USD517mn; +9.6% YoY) and PBT of VND5.5n (USD219mn; +10.2% YoY), achieving 80.0% and 75.2% of our respective full-year forecasts. 9M 2024 bottom-line results were broadly in line with our projecti