VTP - Q3 delivery profit slides due to COVID-19, lower fees - Earnings Flash
  • 2020-10-30T21:23:12
  • Company Research
VTP released 9M 2020 results, in which revenue more than doubled while NPAT-MI increased 15% YoY. The stronger top-line growth was driven by a 7.7x YoY surge in low-margin trading revenue, which was thanks to phone card sales from the new 300,000 point-of-sales that VTP received from Viettel Telecom in Q1 2020.