BMP released Q3 2020 financial statements that were in line with its preliminary results that management shared in its October 8 investor call. BMP’s Q3 2020 revenue reached VND1.1tn (USD48.5mn; +4% YoY) and NPAT-MI reached VND153bn (USD6.6m, +27% YoY). For 9M 2020, BMP reported revenue of VND3.4tn (USD147.2mn; +7% YoY) on the back of total sales volume (~80,000 tons) growing 5% YoY and NPAT-MI of VND412bn (USD17.9mn, +25% YoY). We believe the strong earnings result was mainly driven