VHM – 2023 profit growth due to higher handovers; upbeat presales driven by bulk sales – Earnings Flash & Analyst Meeting Note
  • 31 Jan 2024
  • Company Research
VHM’s Q4 2023 underlying EBIT (which included a bulk sales transaction at Grand Park with a total pre-tax gain of VND2.8tn/USD116mn and a business cooperation contract/BCC recognized in financial income) was down 93% YoY to VND1.0tn (USD42mn), mainly due