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NKG - Robust volume growth leads to another good year - Earnings Flash

Company Research

30 Jan 2018

NKG reported its 2017 results today, which showed strong revenue growth of 41% YoY to VND12.6 trillion (USD556 million) and NPAT-MI growth of 37% YoY to VND708 billion (USD31.2 million). top-line growth was mainly driven by robust galvanized steel sales volume of 567,000 tons, up 35% YoY as NKG continued pushing sales in both its domestic and export markets, backed by additional capacity from its Nam Kim 3 and Nam Kim 4 factories from late 2017.

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