ACB – 1Q23 Results Highlights

ACB reported 1Q23 PATMI of VND 4.1tn (+44% QoQ / +26% YoY), which fulfilled 26% of the bank’s full-year target and 26% of our forecast. The earnings increase was mainly driven by a sharp rise in other income and a decline in opex.

For the complete report, please access here: ACB_1Q23_Results Highlights

Analyst: Tanh Tran, tanh.tran@yuanta.com.vn