GDT - Western markets spearhead double-digit growth - Earnings Flas
  • 2021-07-21T14:28:46
  • Company Research
GDT released upbeat Q2 2021 results thanks to robust order growth — especially from the US — on the back of its recent obtainment of ESG compliance certificates and trends of global supply-chain diversification away from China. In Q2 2021, revenue and NPAT-MI jumped 30% YoY and 23% YoY, respectively. For H1 2021, revenue and NPAT-MI surged 26% YoY and 24% YoY, respectively, which completed 44% and 41% of our respective full-year forecasts. These results are broadly in line with our expectati