VPB_2Q23 Analyst Meeting

2Q23 PATMI was VND3.1 tn (+21% QoQ/-13% YoY). 1H23 PATMI was VND5.6 tn (-54% YoY), fulfilling only 23% of full-year guidance and 27% of our forecast. The QoQ increase was driven by higher net other income and deferred income tax, while the YoY decline was due to lower net interest income and higher provisioning.

For the complete report, please access here: VPB_2Q23_Analyst Meeting

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