Shipping corporations PVTrans and Gemadept have reported a 46% jump and a five-fold increase year-on-year in Q2 after-tax profits respectively, while peers VIMC, Viconship and Hai An recorded significant drops.
Gemadept, a leading port operator and logistics firm in Vietnam, reported an after-tax profit of VND1.71 trillion ($72.3 million) in the second quarter of the year, up 5 times year-on-year thanks to the sale of Nam Hai Dinh Vu port.