At the meeting (Photo: VNA) Hanoi (VNA) - The State-owned Vietnam Maritime Corporation (VIMC) plans to earn some 10.8 trillion VND (nearly 469 million USD) in revenuethis year and post 944 billion VND in consolidated profit, its shareholders’meeting in Hanoi on April 22 heard.
In the 2021-2025 period, the company will conduct a number of majorprojects, such as Terminal 4 and 5 at Hai Phong’s Lach Huyen InternationalGateway Port, upgrades and expansions to Quy Nhon Port, and the second phase ofDa Nang’s Tien Sa Port.
VIMC currently holds dominating stakes in 19 subsidiaries and 16 associates andshares in 16 seaport enterprises, and manages and operates more than 13,000metres of wharves, including at key ports around the country such as Hai PhongPort, Saigon Port, Da Nang Port, and Quy Nhon Port.
It officially began operations as a joint stock company last September,with more than 1.2 billion shares listed.
It generated over 1.4 trillion VND in pre-tax profit from port services lastyear and more than 1.7 trillion VND from maritime services, 9.8 percent and 12percent higher, respectively, than the annual goals, despite being challengedby COVID-19, according to VIMC Director General Nguyen Canh Tinh.
Ending the year, VIMC posted total revenue of nearly 651 billion VND butincurred losses of more than 1.1 trillion VND due to large debts remaining fromprevious years./.
VNA
