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Tuesday, 14:02, 18/05/2021
Vietnamese logistics enterprises reported outstanding business results in the first quarter of 2021.
The Port of Hai Phong JSC recorded a growth of 41.7% in profit after tax in Q1. (Photo: haiphongport.com.vn)
In the quarterly financial report, Transimex Joint Stock Company (TMS) said that its net revenue jumped 104.9% year-on-year to nearly VND1.1 trillion.
As cost of goods sold increased during the period, Transimex’s gross profit rose 55% against same period last year to VND112.56 billion. After diminishing expenses, its profit after tax reached VND101.2 billion, up 75.7%.
Transimex is a logistics service provider with businesses in international freight forwarding, warehousing, domestic transportation and distribution.