Logistics heavyweight Gemadept reports 5-fold profit hike after port sale

Logistics heavyweight Gemadept reports 5-fold profit hike after port sale

Gemadept, a leading port operator and logistics firm in Vietnam, reported an after-tax profit of VND1.71 trillion ($72.3 million) in the second quarter of the year, up 5 times year-on-year thanks to the sale of Nam Hai Dinh Vu port.

Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7

Logistics major Gemadept to offer over 100 mln preference shares

Logistics major Gemadept to offer over 100 mln preference shares

Gemadept, a leading port and logistics company in Vietnam, has approved a plan to offer 100.46 million shares to existing shareholders at a cheap price of VND20,000 ($0.85) to raise VND2,009 billion ($85 million) in 2023.

Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7

Shipping companies earn huge profit

Shipping companies earn huge profit

Many shipping companies in Vietnam posted nine-month profit exceeding the whole year plan in the context of high transportation demand and freight rates.

Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7