VNM - Strong domestic volume growth partly offset by subdued export - Earnings Flash
  • 31 Oct 2017
  • Company Research
VNM released 9M 2017 results that included net revenue +11% and NPAT +14% vs 9M 2016. Market share acquisition continues to bolster upbeat domestic revenue growth of 15% YoY (mostly volume) vs 9M 2016. However, lower NPAT growth was mostly attributed to e