CII released Q1 2022 results with net revenue plunging 26% YoY to VND712bn (USD31mn) but NPAT-MI surging to VND647bn (USD28mn) vs only VND44bn (USD1.9mn) in Q1 2021. The strong profit in Q1 2022 was mainly thanks to CII recognizing a divestment gain from 577 Investment Corporation (HOSE: NBB) of VND776bn (USD34mn) in the quarter.

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