Thursday, July 18,2024 - 8:14 GMT+7  Việt Nam EngLish 

Cat Lai Port (CLL) plans for consolidated after-tax profit in 2024 to reach nearly VND100 billion 

 Tuesday, June 18,2024

AsemconnectVietnam - Cat Lai Port Joint Stock Company (stock code CLL - HOSE) has just successfully organized the 2024 Annual General Meeting of Shareholders, approving the 2024 business plan with a modest growth target.

On June 3, Cat Lai Port Joint Stock Company held a General Meeting of Shareholders and approved the parent company's business plan with a total revenue target of VND22.7 billion, an increase of 9.7% compared to the previous year.; Target total pre-tax profit reaches VND117.9 billion, up 1.81%; Total profit after tax was VND94.4 billion, an increase of 1.13%.
In the consolidated production and business plan, Cat Lai Port targets total revenue of VND323.1 billion, an increase of 1% compared to 2023 performance; Profit from joint ventures and affiliates reached nearly VND5.9 billion, a slight decrease of 2%; Total profit before tax was VND123.94 billion, an increase of 2.23%; Total profit after tax was VND99.53 billion, up 1%.
In 2024, the Company determines to promote service quality and improve the efficiency of wharf and cargo yard operations, ensuring goods safety in production and business activities. The company plans to repair wharf number 7 and the 2,200 DWT wharf to optimize the wharf for Cat Lai Port. Investing in purchasing a new Liebherr bridge to replace the old crane that has expired, to serve cargo handling at the 2,200 DWT wharf.
According to the plan, the Company expects the total investment value for major investment and repair items this year to be more than VND30.25 billion.
Regarding the consolidated business results of the first quarter of 2024, the Company recorded revenue of VND76.5 billion, an increase of 5% over the same period last year; Profit after tax reached VND26 billion, flat compared to the same period last year (reached VND26.2 billion).
Compared to the full year 2024 target, at the end of the first three months of the year, Cat Lai Port has completed 23.6% of the consolidated revenue plan and 16% of the consolidated profit plan.
Source: VITIC/Tinnhanhchungkhoan


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