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External broker reports(aggregated public sources)

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Content available is external broker reports authored by a third party outside the Smartkarma network and has been aggregated by an online aggregator through publicly available sources and is displayed by Smartkarma in this format for user's convenience and general informational purposes only. Content does not constitute investment or financial advice and Smartkarma makes no representation or warranty regarding its accuracy or contents. Original third party author retains all copyright and other proprietary rights in the content. Access or use of third party links not controlled by Smartkarma are at the user's own risk.

Equity Bottom-Up

Airports Corporation Of Viet Nam / Equity Bottom-Up

Airports Corporation Of Viet Nam (ACV VN)

<ul><li>Revenue jumped by 124% YoY, which was higher than the growth of a total passenger volume (72% Y0Y) due to a sharp increase in international arrivals volume of 1471% YoY from the low base of the same period in 2022.</li><li>NPAT grew at a slower rate of 87% Y0Y as (1) ACV recorded an exchange rate loss of VND 775 billion in the period due to the appreciation of JPY while Q1-2022 recorded an exchange rate gain of VND 268 billion and</li><li>(2) SG&amp;A expenses increased by 156% YOY.</li></ul><p><em>Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.</em></p>

Revenue jumped by 124% YoY, which was higher than the growth of a total passenger volume (72% Y0Y) due to a sharp increase in international arrivals volume of 1471% YoY from the low base of the same period in 2022.NPAT grew at a slower rate of 87% Y0Y as (1) ACV recorded an exchange rate loss of VND 775 billion in the period due to the appreciation of JPY while Q1-2022 recorded an exchange rate gain of VND 268 billion and(2) SG&amp;A expenses increased by 156% YOY.Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

ACV - Sweet Spot of Earnings Growth Is Insight