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DQC - Smaller non-operating income weighs on earnings - Earnings Flash

Company Research

27 Jul 2018

DQC announced H1 2018 results including revenue of VND418bn (USD20mn, +11% YoY), operating profit of VND38bn (USD1.6mn, +25% YoY) and NPAT of VND46bn (USD2.0mn, -7.2% YoY). These results are broadly in line with our expectation, and we foresee non-material changes in our recommendation and forecasts in the upcoming update report.

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