- BSR released 9M 2021 results with revenue increasing 63.1% YoY and net profit reaching VND4tn (USD170mn) vs a net loss of VND4.1tn (USD171mn) in 9M 2020. These results beat our expectation with 9M revenue and net profit achieving 78.0% and 109.7% of our respective full-year forecasts. 

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