DHG - Earnings beat on resilient sales via pharmacy channel - Earnings Flash

- DHG released its Q3 2021 results with net revenue of VND944bn (USD41mn; +9% YoY) and NPAT-MI of VND201bn (USD8.8mn; +21% YoY). For 9M 2021, net revenue reached VND2.9tn (USD127mn; +14% YoY) while NPAT-MI amounted to VND607bn (USD26mn; +15% YoY), which completed 72% and 78% of our respective full-year forecasts. 

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