Da Nang Port focuses resources on expanding and developing seaport and logistics systems

DNVN - Da Nang Port Joint Stock Company said it is proactively preparing all resources to achieve its goals for the 2024-2029 term with the consistent theme of "Focusing resources to expand and develop the seaport and logistics system".

In 2024, Da Nang Port aims to achieve revenue of VND 1,380 billion, pre-tax profit of VND 365 billion, and an expected dividend payout ratio of 8%. The key tasks the unit will focus on this year are to manage the company's operations stably; ensure a safe and effective financial situation, optimize profits; develop a capital plan for investment and development in the coming period, especially investment capital for the Lien Chieu port project.

Bến cảng Tiên Sa (ảnh do Cảng Đà Nẵng cung cấp).

Tien Sa Port belongs to Da Nang Port.

At the same time, continue to implement effective cost management; implement solutions according to the motto "Customer-centric" and "Bringing services to customers' places"; continue to improve labor productivity and exploitation efficiency; promote digital transformation, digitization, and strongly apply information technology in management, operation, and exploitation.

In 2024, Da Nang Port will also focus on building a roadmap, plans and solutions to develop a green, modern seaport system that ensures compliance with regulations and standards, aiming for sustainable growth and development; care for and protect the maximum legitimate rights and interests of shareholders, ensuring harmony of interests between shareholders and employees...

According to the report of the Board of Directors of Da Nang Port, during the 2019 - 2024 term, the company's business results have always maintained a fairly good growth rate. Total revenue in 2023 increased by 79.61% compared to 2018, the average growth in the period 2019 - 2024 is 12.57%.

In particular, in 2021, despite being severely affected by the COVID-19 pandemic, Da Nang Port still excelled in exceeding VND 1,000 billion in revenue. Pre-tax profit in 2023 was VND 345.22 billion, an increase of 88.25% compared to 2018, with an average growth rate of 13.71% over the period.

Ông Dương Đức Xuân – Phó Tổng Giám đốc Cảng Đà Nẵng (đứng giữa) thay mặt đơn vị nhận bằng khen của Chủ tịch VCCI.

Mr. Duong Duc Xuan - Deputy General Director of Da Nang Port received a certificate of merit from the Chairman of VCCI on behalf of the unit.

In terms of output, in 2023, Da Nang Port will reach 12.2 million tons, an increase of 41.15% compared to 2018, with an average growth rate of nearly 8%. Of which, container cargo always accounts for more than 60% of the structure of cargo throughput through the port, increasing by 82.5% in 2023 compared to 2018, with an average growth rate of 13.35%.

At the same time, in the period of 2019 - 2024, Da Nang Port also successfully completed all aspects of work related to production and business activities, capital, workers' lives and guaranteed shareholder interests.

Currently, Vietnam National Shipping Lines is the largest shareholder at Da Nang Port (accounting for 75% of total shares of Da Nang Port); Wanhai Lines Singapore is the largest foreign shareholder at Da Nang Port (accounting for 20.29% of total shares of Da Nang Port).

At the conference of business associations and enterprises recently organized by the Vietnam Federation of Commerce and Industry (VCCI) Central Highlands Branch on April 10, Da Nang Port received a certificate of merit from the Chairman of VCCI for its outstanding achievements in production and business activities, contributing to the development of the regional business community in 2023. This is the third consecutive time that Da Nang Port has received this honor.

Hai Chau

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