Analyst Pin-board HAH – Poor outlook for the end of the year
- Accumulated 8M2022, revenue and NPAT reached VND 2,200 billion and VND 580 billion, completing 92% and 105% of the annual plan, respectively. It is expected that in Q3/2022, revenue and NPAT will reach VND 850 billion (+79% YoY) and VND 200 billion (+115% YoY) respectively.
- Update on HAH's fleet: Haian City vessel completed repairs on September 27th, 2022 and handed over to tenants, the time of contract will extend until January 2023. HAH is expected to hand over the Akibo in November 2022, now that the vessel has been converted into ownership and is being leased to a Korean company. Currently, the Korean partner still needs to extend the charter contract.
- Legal procedures to establish Zim – Hai An Container Transport JVC is still in progress. It is expected that in the second half of October 2022 it will be granted a business license by the Department of Planning and Investment of Hai Phong City. The plan was to put the vessel into operation starting in November 2022 but will be postponed until January 2023 or after the Lunar New Year because Zim and Hai An both found that the current import and export situation of goods is not favorable.
Hai An Transport and Stevedoring Joint Stock Company (HAIANTS) is a Vietnam-based firm, which has been involved in maneuvering the Hai An marine port in Hai Phong City. The Company's regular undertakings are container loading, freight transporting, ship navigating and marine cargo storing. In order to support its business activities, HAIANTS has equipped the Hai An port with various infrastructures and apparatuses, which include piers, forklifts, freighter ships, marine cold warehouses and container stations. The Company's clients are from both within Vietnam and abroad.
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.