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).