AsemconnectVietnam - In 2025, PVT Logistics will increase its charter capital to about VND800 billion to invest in 3 ships, increasing the number of the Company's fleet to 12.

At the conference to summarize production and business activities in 2024 and deploy the 2025 plan of Phuong Dong Viet Transport and Logistics Joint Stock Company - PVT Logistics (code PDV - UPCoM) on January 9, 2025, Mr. Ho Si Thuan, Deputy General Director of PVTrans and Director of PVT Logistics, said that in 2024, PDV achieved VND1,481 billion in revenue and VND290 billion in pre-tax profit, exceeding the revenue target by 8% and the annual profit target by 263%.
In the past year, the Company increased its charter capital to VND661 billion, an increase of 53% compared to 2023, invested in and put into operation 2 Supramax bulk carriers (PVT Topaz from September 4, 2024 and PVT Coral from November 4, 2024). In contrast, the Company also sold the PVT Synergy ship to restructure assets, contributing about VND150 billion to profits.
In 2025, PVT Logistics set a business plan for 2025 with total revenue of VND1,450 billion and pre-tax profit of VND110 billion.
In addition, the Company plans to increase its charter capital to about VND800 billion through stock dividends to invest and/or lease-purchase 03 ships, bringing the total number of ships in its fleet to 12.
Previously, due to the unfavorable situation of the ship trading market, in 2024 the Company has not been able to implement 02 investment projects including: 01 oil/chemical tanker with a capacity of about 19,000 - 25,000 DWT (PDV-HC03/23) and 01 Handysize bulk carrier with a capacity of about 25,000 - 38,000 DWT (PDV-HR-02/22). Therefore, these 2 projects will be transferred to 2025.
N.Nga
Source: VITIC/Tinnhanhchungkhoan