ACB released results for Q1 2018 with a consolidated bottom line of VND1.1tn (USD50.2mn, +93% QoQ, +139% YoY) with ROA and ROE of 1.6% and 27.6%, respectively. In our last update report, we noted how the disposal of legacy assets has removed a drag on earnings. In Q1 2018, we can now see evidence of this as provisioning expenses fell dramatically.