We attended DGW’s online AGM on April 6. Our key takeaways are as follows.  Preliminary Q1 2022 results closely followed revenue guidance and surpassed net profit guidance. Revenue was VND6.9tn (USD302mn; +38.9% YoY) and NPAT was VND210bn (USD9mn; +96% YoY), completing 26% and 25% of our respective full-year targets.