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VSC - The new port will be the growth engine for profit from 2017 - Pre-initiation

Company Research

18 Jan 2016

In 2015, GPM expanded sharply on the back of one-off hike in reefer container service. The revenue from reefer containers is supposed to reach VND140 billion (USD6.4 million) in 2015, a dramatic increase of 250% compared to that of 2014. In 9M2015, there was a backlog of more than 2,000 cold containers in the Hai Phong port zone consisting mainly of frozen foods that were temporarily imported into Vietnam via sea for re-export to China via land.
Tags: VSC

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