PTB released its Q1 2021 results, which include revenue of VND1.4tn (USD60mn; +16% YoY) and NPAT-MI of VND99bn (USD4mn; +64% YoY). These strong results were mainly backed by robust wood exports — especially to the US — in Q1 2021. In Q1 2021, stone PBT advanced 11% YoY as domestic sales (64% of Q1 2021 stone revenue) rebounded 14% YoY off a low Q1 2020 base. In addition, PTB eased its price discounts, which supported stone margins.