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REE - Power segment fuels 2018 EPS growth, beats forecast - Earnings Flash

Company Research

29 Jan 2019

REE reported 2018 results in which revenue and NPAT-MI increased by 2.1% YoY and 29.5% YoY, respectively. NPAT growth was driven by the power segment (+75.0% YoY) and a VND121bn (USD5.2mn) one-off gain from the disposal of a real estate project, which outpaced weak results in the Mechanical & Engineering (M&E) segment.

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