According to the 2022 Consolidated Financial Report, net revenue in 2022 reached approximately VND 1,647 billion, an increase of VND 583 billion compared to 2021. Gross profit reached VND 416 billion, equivalent to a profit margin of nearly 25%. Strong fluctuations in expenses caused after-tax profit to reach only VND 1 billion. As of December 31, 2022, Mai Linh's total assets reached VND 4,135.4 billion, almost unchanged compared to the beginning of the year.
Shareholders register to attend the meeting
Mai Linh representative said that the group had to "struggling" to bear the consequences of the Covid-19 pandemic and the impact of high energy and gasoline prices, affecting the business operations of the entire system in the previous 2 fiscal years. However, taking advantage of the transportation network covering 63 provinces and island districts, Mai Linh has deployed new industries such as logistics, insurance, exploiting the transportation ecosystem and minimizing operating costs to overcome difficulties.
Congress scene
In 2022, Mai Linh invested in a total of 749 vehicles, while diversifying ride-hailing and payment methods to meet customers' increasing travel needs. In addition to the ride-hailing app and the national 1055 call center, Mai Linh also cooperates with fintech units (financial technology) to exploit new markets, reaching 25 million users of banking applications and e-wallets in the partner ecosystem. Mai Linh has improved the app and introduced the MPASS card with prepaid features, to facilitate customers in booking rides.
In 2023, Mai Linh plans to invest in about 3,500 new taxis.
In 2023, Mai Linh Group plans to invest in about 3,500 new vehicles, while improving service quality, retaining corporate and traditional customers; improving apps, applying technology, and enhancing customer experience. In addition, insurance products in cooperation with partner PTI continue to be promoted; Logistics business activities continue to be invested in; the Can Tho - Con Dao high-speed train route operates effectively and is trusted by passengers; the fields of studying abroad, labor export, and trade are given more attention...
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