VNM – Strong Q4 earnings growth from low base, in line with our expectation - Earnings Flash
  • 31 Jan 2024
  • Company Research
2023 results: Net sales inched up 1% YoY to VND60.4tn and NPAT-MI grew 4% YoY to VND8.9tn, both of which fulfilled 100% of our respective full-year forecasts. According to Nielsen IQ, Vietnam’s FMCG value increased 2% YoY and the value of milk-based produ