DNVN - Eight consecutive years (2017-2024) being in the Top 500 most profitable enterprises in Vietnam (Profit500) has affirmed that Da Nang Port's business activities are increasingly effective, sustainable, and profitable in the context of many difficulties and challenges.
Danang Port Joint Stock Company announced that it has just been honored in the Top 500 Most Profitable Enterprises in Vietnam (PROFIT500) in 2024, jointly organized by Vietnam Report Joint Stock Company and VietNamNet newspaper. This is also the 8th consecutive year (2017 - 2024) that Danang Port has achieved this prestigious award, independently evaluated by the Organizing Committee according to international standards.
Da Nang Port was honored in the Top 500 most profitable enterprises in Vietnam (Profit500) in 2024.
Thereby, affirming the management capacity, effective business strategy, creating trust for shareholders and attracting investors, creating strong motivation for the Board of Directors and all officers, employees and workers of Da Nang Port to enhance the reputation and brand of the unit.
Mr. Tran Le Tuan said that, taking advantage of its prime location, modern technical infrastructure, advanced equipment, skilled engineers and workers, professional management staff, and high quality services, over the years, Da Nang Port has continuously achieved many impressive achievements, becoming a multi-purpose seaport with prestige at home and abroad.
The volume of goods passing through the Port is increasing, the total revenue always exceeds the plan. In particular, the resilience of Da Nang Port is clearly demonstrated since the equitization milestone (July 2014) with an average growth rate of about 12%/year (container alone increased by an average of 20%/year), the average profit increased 5 times compared to the time before equitization.
Currently, 20 container shipping lines regularly have ships arriving at Da Nang Port with an average of 22-25 container ships/week, the proportion of containers accounts for about 65% compared to the entire Central region. Each year, Da Nang Port contributes more than 65 billion VND to the city budget, making a positive contribution to the development of Da Nang in particular and the Vietnamese maritime industry in general.
In the first 9 months of 2024, the output, revenue and profit targets of Da Nang Port all exceeded the production and business plan approved by the Da Nang Port Shareholders' Meeting.
The total cargo throughput through the port in 9 months reached more than 10.3 million tons, an increase of more than 15% over the same period last year and reaching 79% of the 2024 plan. Of which, the total container cargo throughput through the port in 9 months reached more than 560,000 TEUs, an increase of nearly 14% over the same period and reaching more than 80% of the 2024 plan.
Da Nang Port's total revenue in the first 9 months reached more than VND 1,100 billion, up more than 16% over the same period and reaching more than 80% of the 2024 plan. Total pre-tax profit in the first 9 months increased by nearly 12% over the same period and reached more than 80% of the 2024 plan.
“These impressive figures have helped Da Nang Port establish and enhance its brand reputation in the Vietnamese and regional maritime industry, affirming its position as a major seaport in the region. With the current sustainable growth momentum, Da Nang Port, together with the whole country, confidently enters a new era – the era of the Vietnamese people's rise,” Mr. Tran Le Tuan emphasized.
Hai Chau
Source: https://doanhnghiepvn.vn/doanh-nhan/cang-da-nang-8-nam-lien-tiep-lot-top-500-doanh-nghiep-loi-nhuan-tot-nhat-viet-nam/20241026071107537
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