HSG announced positive prelim Q1 2017 results. HSG, which has a September 30 fiscal year-end, announced preliminary Q1 2017 with net revenue of VND5.77 trillion (USD257.4 million) and NPAT of VND440 billion (USD19.6 million), translating to 47% and 135% growth, respectively, vs same period last year. These results fulfilled 27% and 26%, respectively, of our FY17 full year forecasts. We are waiting for the company to release the full financial statement for more details.