Research Center
Quay lại

TPB - Q2 results loosens shackles of being a small bank - Earnings Flash

TPB released results for H1 2018 with a bottom line of VND1.3tn (USD58mn, +122% YoY). Particularly, Q2 2018 achieved a net-earnings of VND307bn (USD13mn; +80% YoY, -40% QoQ). Q2 2018 PPOP of VND816bn (USD35mn; +96% YoY, +41% QoQ) was funneled into a VND195bn (USD8mn) “surge” provision of VAMC debt. The Q2 results were driven by: