VTP announced its Q4 2023 results with revenue of VND5.1tn (USD209mn; +7% QoQ & -3% YoY) and NPAT-MI of VND104bn (USD4.3mn; +1.7% QoQ), which showed improvement YoY as VTP incurred a VND1.2bn loss in Q4 2022. We attribute the YoY decrease in total revenue