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).