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SAB - Beer sales picked up in Q4; resilient margins - Earnings Flash

SAB announced 2017 revenue of VND34.2 trillion (USD1.5 billion, +12% vs 2016) and NPAT-MI of VND4.8 trillion (USD213 million, +8% vs 2016). Results stepped up significantly in Q4 2017, when revenue and operating profit jumped 20% and 47%, respectively, vs Q4 2016.