Tuesday, June 18,2024 - 7:11 GMT+7  Việt Nam EngLish 

Viettel Post (VTP) targets delivery and logistics revenue to reach VND9,147 billion in 2024 

 Saturday, April 6,2024

AsemconnectVietnam - In 2023, Viettel Post marks the highest and most stable postal revenue growth rate in the past 5 years with an increase rate of 29%, 4 times higher than the market.

Viettel Post Joint Stock Corporation (Viettel Post, code VTP) said that with a flexible strategy that has deployed new key logistics areas, the Company expanded its business from traditional delivery to the supply chain and focus on exploiting B2B customer groups. This has brought positive results with consolidated revenue reaching VN19,727 billion. Consolidated pre-tax profit reached VND478.2 billion, growing up to 45%.
In 2023, Viettel Post has reached the output milestone of 2 million orders/day, ensuring goods circulation and transportation on time as committed to customers, even during peak times such as holidays. , Tet.
Thanks to that, Viettel Post's delivery market share has increased by more than 3%, becoming the enterprise with the leading delivery market share in Vietnam. Revenue from the postal segment is the highest and most stable in the past 5 years, with a growth rate of more than 29%, nearly 4 times higher than the market. Total asset value increased by 12.2%, increasing charter capital from VND1,132 billion to VND1,217 billion, equivalent to an increase of 7.57%.
With positive business results and exceeding the plan, Viettel Post is expected to distribute profits and implement a dividend payment plan to ensure the target approved by the 2023 General Meeting of Shareholders.
In 2024, Viettel Post focuses on promoting business of key service groups in the fields of delivery and logistics, the revenue target of this service group reaches VND 9,147 billion, a growth of 33.3%.
By determining the pioneering task in planning and building national logistics infrastructure in a smart, green and efficient direction, Viettel Post is making efforts to implement logistics infrastructure planning including parks - logistics centers. , bonded warehouses, dry ports to connect farming regions and industrial parks with road traffic hubs, railways, airports, seaports, and border gate systems to help goods circulate quickly and the lowest cost.
Source: VITIC/Tinnhanhchungkhoan


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