CTG – Brief – [NONRATED] – Outperformance

3Q24 PBT climbed by +34.5%yoy to VND6,553bn thanks to higher net interest incomes (+19%yoy) and high incomes from bad-debt collections, compensating by an increase in risk provision expenses (+25%yoy) and operating expenses (+20%yoy). 9M24 PBT rallied by +12.1%yoy to VND19,513bn, fulfilling 68% of the 2024 target.