Quant Note – 3Q24 wrap-up: On right track

NPAT-MI growth reached up to 27.9% yoy in 3Q24, and the positive growth chain continued expanding. Even though NPAT-MI growth in 3Q24 was higher than 2Q24’s 15.6% yoy, it is hard to say that the business of listed companies has gotten better because of the low base effect.