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: Awaiting confirmation signal
Market commentary: Strong selling pressure from foreign
Strategic Insight: Wait for a new entry point?
BSR – Brief – [NONRATED] – Reactivating the ethanol plant and finding strategic investors for divesting
Fund flow: SEA faces record capital outflows
Derivatives: Bull trap?
