VOS – Brief – [NONRATED] – 2Q24: Record quarter earnings result

In 2Q24, VOS reported a VND1.87tn revenue (+80% YoY). Significant ship depreciation in 2Q24 caused VND23bn gross profits loss, however, VND393bn pre-tax profits from oil tanker liquidation boosted NPAT to VND288bn (263x YoY).