PNJ – Sep performance report

PNJ’s announced its September performance report. 3Q22 revenue reached VND 7.3tn, +8.4x that of last year, and NPAT reached VND 252bn (vs. a loss of VND 160bn in 3Q21). The latter figure is in line with our forecast of VND 253bn for 3Q22.

Please access the link: PNJ – Express note – Sep 2022