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NVT - Now profitable, growth in 2015 - Visit Note

After two consecutive years of losses, NVT realized a profit-after-tax of more than VND38bn (USD1.8mn) in 2013, beating the company’s target by 70%. The net margin for 2013 was a healthy 18% compared with -39% in 2012. Results were driven primarily by operational cost saving efforts and a reduction in interest expense.