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HAH: Revenue up 30.5% but profit down 20.9% as vessel costs rose and freight rates fell

HAH: Revenue up 30.5% but profit down 20.9% as vessel costs rose and freight rates fell

Hai An Transport & Stevedoring JscSeptember 5, 20245
HAH: Revenue up 30.5% but profit down 20.9% as vessel costs rose and freight rates fell

About this update from Hai An Transport & Stevedoring Jsc

Net sales rose 30.5% year-over-year to VND 1,652.9 billion, but profit after tax fell 20.9% to VND 171.1 billion as vessel operation costs increased and freight rates declined. Major investments included new vessels and a short-lived port acquisition.Original document: This is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source.

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