3Q21 Earnings Season Tracking: More positive surprises at this point
Strategy Note 22/10/2021 137
3Q21 Earnings season has kicked off this week. In order to provide a sense of overall 3Q earnings picture, we start tracking the real-time result releases over three bourses HSX, HNX, and UPCOM.
As at 21 Oct 2021, 162 listed companies, representing 9% of the total listed stocks and 8% of market capitalisation, have released 3Q21 results. At this point in time, aggregate earnings of listed companies that are reporting results grew positively 28.3% yoy in 3Q21 and 47.4% yoy in 9M21.