OCH posts VND 23bn loss despite revenue growth

One Capital Hospitality reported VND 178.2 billion net revenue in Q2, up 18% year-over-year, with gross profit rising 23% to VND 65 billion.

However, high financial expenses led to a VND 23 billion post-tax loss despite the revenue growth. The company expects Q3 to be a peak period and aims for substantial net profit by year-end.