Quant Note – 2Q24 wrap-up: Somethings better

2Q24 is the third consecutive quarter that NPAT-MI has extended the chain of positive growth. Some positive signals of a recovery trend were shown in the general number of companies’ FS: (1) A positive NPAT-MI growth of +15.6% yoy, which is higher than 1Q24 regardless of the higher base, (2) non-financial recorded a strong recovery in 2Q24, with a growth pace of 31% yoy