SCS - Q4 results broadly in line with our forecasts - Earnings Flash
  • 2021-01-20T19:30:15
  • Company Research
SCS released its Q4 2020 results with revenue declining 0.9% YoY to VND197bn (USD8.5mn) and NPAT-MI declining 4.9% YoY to VND128bn (USD5.5mn). Compared to Q3 2020’s NPAT-MI of VND115bn (USD5mn; -9.9% YoY), Q4’s bottom line recovered as air freight capacity improved despite the limited resumption of international passenger flights.