GMD – Brief – [NONRATED] – Net profit contracts due to extraordinary loss

In 4Q24, GMD reported a total revenue of VND1,382bn (+9% QoQ, +34% YoY), in which, revenue from port operation rose to VND1.25tn thanks to solid throughput volume and fee increases. Gains from associates in 4Q24 soared to VND313bn (+125% YoY), in which, GML contributed VND229bn. For the year 2024, GMD has a total NPAT of VND1,878bn (fulfilling 121%/123% of the full-year company guidance).