GMD – Q4-FY22 seaport operations are less prosperousbut investment plan in 2023
- In Q4/2022, revenue and NPATMI of GMD were VND 1,066 billion ( +8% QoQ, +3% YoY) and VND 189 billion (-23% QoQ, 0% YoY), respectively. In 2022, net revenue and NPATMI reached VND 3,916 billion (+22% YoY) and VND 995 billion (+65% YoY). For 2022, EPS was VND 3,302 (+65% YoY).
- GMD recorded a deposit worth 1,000 billion VND in Q4/2022 for divestment in Nam Hai Dinh Vu (NHDV) and expects to complete the deal in Q1/2023. The proceeds will be used for the purpose of investing in the expansion of two ports, Nam Dinh Vu (NDV) phase 3 and Gemalink (GML) phase 2.
Gemadept Corporation is a Vietnam-based shipping company engaged in the marine freight transportation industry. The Company offers multimodal freight transportation services, including containers and oversize freight, by deep sea, inland water, land and air. The Company is also involved in the operation of marine ports, river ports and airports, as well as the provision of cargo handling services. Other activities include the provision of logistics services, the operation of warehouses and storage yards, liner agency, container agency, freight forwarding, ship building, vessel and transportation equipment leasing. In addition, the Company develops commercial properties and plants rubber trees.
Viet Dragon Securities belongs to top 20 biggest securities companies in terms of chartered capital in Vietnam. With a qualified, dedicated and professional team, a widespread network, advanced technology, diversified products and services, and good relationship with local and foreign institutions, we provide a wide range of services and products to our clients both individuals and institutions, both local and foreign. We commit to provide our clients with promising investment opportunities and a comprehensive and professional financial investment services.
RongViet Research reports are diversified and abundant, along with in-depth analysis and performed by experienced, highly-qualified and knowledgeable teams. With the objectives of transparency, accurate and timely manner, RongViet believes that our products would always be important sources of information for customers/investors’ investment decisions.”
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.