We attended ACV’s online 2023 AGM on May 9. Our key takeaways are as follows. - 2023 guidance (excluding contribution from State-invested assets): + Total income (revenue, financial income and other income): VND19.4tn (USD826mn; +22% YoY). + PBT of VND8.5tn (USD361mn; +12% YoY). + Total passengers: 118 million (+20% YoY; 102% of 2019).