VPB_3Q23 Results Highlights

3Q23 PATMI was VND2.4 tn (-21% QoQ/-35% YoY). 9M23 PATMI was VND8.0 tn (-50% YoY), fulfilling 49% of our forecast. The decline was attributable to lower net interest income (+1% QoQ/ but -15% YoY) and net other income (-77% QoQ/-60% YoY).

For the complete report, please access here: VPB_3Q23_Results Highlights

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