GDT - COVID-19 disrupts production in Q3; results in line - Earnings Flash
  • 2021-10-20T00:00:00
  • Company Research

- GDT released sluggish Q3 2021 results due to COVID-19’s disruptions on GDT’s production and supply chain in southern Vietnam. In Q3 2021, revenue and NPAT-MI slumped 69% YoY and 74% YoY, respectively. For 9M 2021, revenue and NPAT-MI fell 11% YoY and 17% YoY and completed 66% and 73% of our full-year forecasts, respectively. 

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