GVR - Huge financial gains from divestments boost earnings - Earnings Flash
  • 2021-01-29T21:06:51
  • Company Research
GVR posted strong Q4 2020 results with revenue up 27% YoY to VND9.1tn (USD390mn) and NPAT-MI surging 82% YoY to VND2.7tn (USD115mn). GVR’s top-line growth in Q4 was mainly driven by the natural rubber segment; meanwhile, its YoY bottom-line surge was mainly thanks to a more than 5x increase YoY in financial income derived from divestment gains.