GMD – Brief – [NONRATED] – Recovery momentum continued in 2Q24
In 2Q24, GMD reported a total revenue of VND1,181bn (+44% YoY) and a total container throughput of 1,086k TEUs (+46% YoY). GMD’s NPAT declined to VND418bn (-76% YoY) due to a high base in 2Q23. Gemalink port has generated the largest profits since 2021 (VND166bn, +125% QoQ).
Featured Analysis
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
ANV – Earnings Review – [HOLD] – 4Q24: The hardship dragged on
