- 2022-01-29T00:00:00
- Company Research
VTP released its 2021 results, in which revenue surged 24% YoY while NPAT-MI fell 23% YoY. The weak earnings were due to Vietnam's strict social distancing measures that increased delivery failure rates, costs and time as well as higher SG&A expenses. Per VTP, COVID-19 disruptions peaked in Q3 2021 before gradually subsiding in Q4 2021. |
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