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Seagull Shipping Company (Vietnam)

Main Activities: Water Transportation
Full name: Seagull Shipping Company Profile Updated: March 13, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2023 Available in: English Download a sample report

Hai Au Shipping Joint Stock Company, located in Ho Chi Minh municipality, was established on February 28, 2000, under Decision No. 29/2000/QD-TTg. It was transformed from Hai Au Shipping Company into a joint stock company as part of the government's equitization program for state-owned enterprises. The company's main business is sea transportation, including the transportation of goods for export, import, and between international ports. The company initially had one dry cargo shipping ship called Southern Star, but has since acquired additional ships such as Northern Star, Sea Dragon, and Sea Dream. The company has a spacious headquarters and has been able to provide safe and reliable transportation services, earning the trust of its customers. Over the past ten years, the company has paid dividends to its shareholders and has had a healthy financial performance. It has also complied with regulations and policies on finance, tax payment, and state budget. The company prioritizes safety and insurance for its employees and has paid wages, salaries, and bonuses on time. In the period from 2010 to 2013, the company aims to further develop its fleet and increase its charter capital, with an average annual dividend of 12-15%.

Headquarters
No 40, Road No 1, Quater 3, Binh Thuan Ward, Dist.7
Ho Chi Minh municipality; South Eastern Vietnam; Postal Code: 70

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Website: http://www.seagullshipping.com.vn

Basic Information
Total Employees:
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Outstanding Shares:
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Registered Capital:
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Financial Auditors:
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Incorporation Date:
2000
Key Executives
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Chairman
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Chief Executive Officer
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Chief Executive Officer
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Chief Financial Officer
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Director/Member of the Board
Ownership Details
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23.192%
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9.263%
Company Performance
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Key Financial Highlights
Annual growth percentages for latest two years in local currency VND. Absolute financial data is included in the purchased report.
Net sales revenue
-66.15%
Total operating revenue
-66.15%
Operating profit (EBIT)
-93.13%
EBITDA
-92.43%
Net Profit (Loss) for the Period
-91.71%
Total assets
-25.41%
Total equity
-20.04%
Operating Profit Margin (ROS)
-59.26%
Net Profit Margin
-47.01%
Return on Equity (ROE)
-76.06%
Quick Ratio
1.44%
Cash Ratio
-2.68%

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