VIP Green Port (VGR) sets profit target down 33.6% in 2026
Sunday, March 22,2026
AsemconnectVietnam - These proposals will be presented by VIP Green Port Joint Stock Company (VGR) to its General Meeting of Shareholders, scheduled to be held on March 27th in Hai Phong.
In 2026, VIP Green Port aims for projected revenue of nearly VND1,021.6 billion, a decrease of 11.4% compared to the same period last year. Consequently, pre-tax profit is projected to decrease by 33.6%, to VND371 billion. The expected dividend will not be less than 20%. Furthermore, the meeting is expected to approve a dividend payout plan with a minimum payout of 20% of the company's charter capital.
In the coming period, VIP Green Port will continue to closely monitor market developments, ensuring the stability of its core business operations. Simultaneously, it will continuously improve service quality and brand value.
Notably, the VGR Board of Directors plans to present to the General Meeting a proposal to transfer VGR shares from UPCoM to listing on the Ho Chi Minh City Stock Exchange (HOSE) to meet the needs of scale development, while enhancing transparency and improving the stock's position in the market. After approval by the General Meeting of Shareholders, the company's Board of Directors will proactively choose a suitable time, depending on market conditions, to complete the relevant procedures.
By the end of 2025, VGR aims for total revenue of VND1,153 billion and pre-tax profit of nearly VND559 billion, representing increases of 6% and 43% respectively compared to 2024.
Explaining these positive results, the company stated that they mainly stem from the fully allocated major repair costs, the application of increased domestic freight rates, the depreciation of some fixed assets, and insurance compensation related to damage caused by Typhoon Yagi.
N.Nga
Source: VITIC/Tinnhanhchungkhoan
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