CTG

16
May
CTG – Brief – [NONRATED] – Elevated credit growth
1Q25 PBT rose by +9.9%yoy to VND6,823bn thanks to higher other income growth (+59.3%yoy), and flatness in provision risks expenses (+1%yoy). Higher provision risk expenses led to actual 1Q25 PBT...

22
February
CTG – Brief – [NONRATED] – An impressive profit growth rate
4Q24 PBT surged by+59.1%yoy to VND12,245bn thanks to higher net interest incomes (+12%yoy), FX (+38%yoy), high incomes from bad-debt collections (+71%yoy), controllable operating expenses (4Q24’s 31% vs 4Q23’s 34%), and...

15
November
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...

15
August
CTG – Brief – [NONRATED] – Repeated constraint from higher provision expenses
2Q24 PBT only climbed by +3.0%yoy to VND6,750bn thanks to higher net interest incomes (+20%yoy) and controlled OPEX (2Q24 CIR: 26% vs 2Q23: 27%), compensating by a significant increase in...