VTP - High administrative expenses weigh on H1 2023 earnings - Earnings Flash
  • 01 Aug 2023
  • Company Research
- VTP announced its H1 2023 results with revenue of VND9.7tn (USD413mn; -14% YoY) and NPAT-MI of VND173bn (USD7.4mn; -14% YoY), achieving 52% and 47% of our respective full-year forecasts. We currently expect VTP’s earnings will continue to recover in H2