PLX announced Q1 2021 results with revenue of VND38.2tn (USD1.6bn; -0.6% YoY) and NPAT-MI of VND662bn (USD28mn) vs a net loss of VND1.9tn (USD81mn) in Q1 2020, which was driven by 1) 4.7% YoY growth in domestic sales volume (in which owned stations (COCO) sales volume grew 6.6% YoY) and 2) favorable petrol price movements in Q1 2021 vs Q1 2020