Analyst Pin-board NTP- Remains on Track Amid Input Price Hike
NTP has experienced a difficult Q2/2018 due to input price hike. Even though its Q2’s revenue went up by 20% YoY, costs of sales rose by over 33%, taking NTP’s Q2 gross margin to 26%, the lowest since Q1/2019. Nevertheless, NTP’s sales volume tracked closely to its guidance and its 1H2018’s profit reached 42% of the annual target since input price hike had been taken into account.
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