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DRC - Sharp rise in rubber cost diminished 1H 2017 results - Earnings Flash

Company Research

24 Jul 2017

H1 2017 revenue rose 8.0% vs 1H2016 to VND1.76 trillion (USD77.3 million) while NPAT-MI declined 47.0% to VND105.3 billion (US4.6 million). Higher input raw material cost was the key driver of bottom line slump. With the low earnings results, we will revise down our forecast in the upcoming update report.

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