VTP - Core delivery business trails our expectations - Earnings Flash
  • 01 Feb 2021
  • Company Research
VTP announced 2020 results, in which revenue more than doubled but NPAT-MI edged up only 1% YoY. The stronger top-line growth was driven by a 5.5x YoY surge in low-margin trading revenue, which was bolstered by phone card sales from the new 300,000 point-