VHC - Continued soft selling prices depress Q4 earnings - Earnings Flash
  • 20 Jan 2020
  • Company Research
VHC announced its 2019 results with net revenue of VND7.9tn (USD340mn, -15% YoY) and NPAT-MI of VND1.2tn (USD51mn, -18% YoY). In Q4 2019, revenue plunged 20% YoY, which was mainly due to a 17% YoY fall in export prices along with weaker domestic sales, pe