AsemconnectVietnam - Phuoc An Port Investment and Exploitation Joint Stock Company (PAP - UPCoM) announced additional documents for the 2026 Extraordinary General Meeting of Shareholders, scheduled to be held on September 25th in Dong Nai City.

Phuoc An Port presents to shareholders a plan for a potential loss of VND5,431 billion for the period 2026-2030. Specifically, the projected loss is VND524 billion in 2026, VND913 billion in 2027, VND1,224 billion in 2028, VND1,448 billion in 2029, and an additional VND1,322 billion in 2030.
Besides operating at a loss, the debt-to-equity ratio is projected to reach 17.03 times in 2030 (compared to only 4.14 times in 2026).
At the same time, Phuoc An Port also plans to increase investment by VND26,124 billion during the 2026-2030 period. This includes VND8,579 billion in 2026, VND6,604 billion in 2027, VND5,672 billion in 2028, and VND5,269 billion in 2029.
Notably, Phuoc An Port will not pay dividends to shareholders during the 2026-2030 period.
Regarding business operations, in the first half of 2026, Phuoc An Port recorded revenue of VND247.59 billion, an increase of 754.1% compared to the same period. The company reported a net loss of VND233.04 billion compared to a loss of VND247.73 billion in the same period last year. Of this, the company operated below cost, recording a gross loss of VND56.97 billion.
As of June 30, 2026, the total accumulated losses of Phuoc An Port amounted to VND769 billion, equivalent to 21.54% of its charter capital.
Source: VITIC/Bao Tai chinh – Dau tu