- 2023-04-27T00:00:00
- Company Research
CTR announced Q1 2023 results with revenue of VND2.3tn (USD99.6mn; +17% YoY) and NPAT-MI of VND108bn (USD4.6mn; +22% YoY), which both achieved 23% of our respective full-year forecasts. This robust revenue growth was led by strong growth from the towerco (+49% YoY), construction (+74% YoY) and operation (+6% YoY) segments, outweighing weakness in the system integration segment. Overall, CTR’s Q1 2023 results were in line with our expectation. |
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