AST - Loss exceeds forecast as all segments are severely hit - Earnings Flash
  • 2021-01-29T22:22:41
  • Company Research
AST posted Q4 2020 results with revenue of VND63bn/USD2.7mn (-79% YoY) and a loss of VND21bn/USD892,000 vs net profit of VND36bn/USD1.6mn in Q4 2019 (-157% YoY). 2020 revenue was VND359bn/USD15.6mn (-68.5% YoY), completing 86% of our 2020 forecast. Meanwhile, AST incurred a loss of VND48bn/USD2.1mn vs net profit of VND185bn/USD8mn