GMD – Brief – [NONRATED] – Highest NPAT of Gemalink
In 3Q24, GMD reported a total revenue of VND1,264bn (+7% QoQ, +26.7% YoY), in which, revenue from port operation rose to VND1.2tn thanks to solid throughput volume and fee increases. Gains from associates in 3Q24 soared to VND222bn (+279% YoY), in which, GML contributed VND152bn (vs VND6bn loss in 3Q23). For 9M24, GMD has a total NPAT of VND1,549bn (fulfilling 102% of the company guidance).
Featured Analysis
Fund flow: Positive developments in Vietnam
Market commentary: Market recovery
Derivatives: Bull Trap?
GMD – Brief – [NONRATED] – Net profit contracts due to extraordinary loss
HAH – Brief – [NONRATED] – Record quarterly profit
BID – Earnings review – [BUY] – Improving earnings quality
GAS – Earnings Review – [BUY] – 4Q24: New sources of growth
