* ACG’s 2023 guidance:

- Revenue: VND5.0tn (USD213mn; +12% YoY — 112% of our 2023F)

- NPAT: VND668bn (USD28mn; +8% YoY — 106% of our 2023F)

* Per management, ACG’s revenue increased YoY in April 2023 and is expected to continue recovering going forward. ACG is confident that it can achieve the above targets. Additionally, exports are experiencing a quicker recovery than the domestic market.