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NLG - Fuji, Kikyo and Ehomes deliveries drive Q1 growth - Earnings Flash

Company Research

27 Apr 2018

NLG posted positive overall results as net revenue skyrocketed 111% YoY to VND539bn (USD22mn) and NPAT-MI jump 50% YoY to VND32bn (USD1.4mn), mainly driven by solid deliveries of pre-sold units at its Fuji Residence, Kikyo Residence and Ehomes Phu Huu developments, which carry higher margins.

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