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Vietnam Sea Transport and Chartering Joint Stock Company (Vietnam)

Main Activities: Water Transportation
Full name: Vietnam Sea Transport and Chartering Joint Stock 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

Vietnam Shipping and Chartering Company, located in Ho Chi Minh municipality, was established on June 25, 6 as the successor of South Vietnam Shipping Company (SOVOSCO). After the liberation of the South and reunification of the country, SOVOSCO took over maritime facilities and quickly repaired and operated a fleet of small, old, and damaged ships to contribute to the economic recovery after the war. On March 14, 1984, Transchart Shipping and Chartering Company merged with SOVOSCO to form Vietnam Shipping and Chartering Company (Vitranschart), under the General Administration of Vietnam Seaways. The company expanded its fleet and developed more ocean shipping routes, reaching ports in the region and worldwide. On March 11, 1993, the Ministry of Transport established Vietnam Shipping and Chartering Company as a state-owned enterprise under the Vietnam Maritime Administration. The company specializes in shipping, services, agents, and maritime brokers, serving the maritime construction and economic development of Vietnam's industry. In 1995, the government established Vietnam Maritime Corporation, and Vietnam Shipping and Chartering Company became one of its first member units. Since January 01, 01, the company has operated as a joint stock company with the state capital at 15.44%. The company aims to maintain and enhance the VITRANSCHART brand in the maritime market and become a leading enterprise in Vietnam's shipping services, crew supply, and related maritime services. The company's mission is to bring more value to life for a more sustainable world by increasing the value of customers' goods through professional seafarers, a modern management system, and environmentally friendly means of transportation.

Headquarters
428 Nguyen Tat Thanh Street, Ward 18, Dist 4
Ho Chi Minh municipality; South Eastern Vietnam; Postal Code: 70

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Website: http://www.vitranschart.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:
February 26, 2009
Key Executives
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Chairman
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Chief Executive Officer
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Chief Financial Officer
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Vice Chief Executive Officer
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Director/Member of the Board
Ownership Details
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44.61%
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3.21%
Subsidiaries
Scc Crew Manning Company Limited
100%
Company Performance
Financial values in the chart are available after Vietnam Sea Transport and Chartering Joint Stock Company report is purchased.
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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
-43.75%
Total operating revenue
-43.75%
Operating profit (EBIT)
105.71%
EBITDA
-88.53%
Net Profit (Loss) for the Period
160.01%
Total assets
-20.09%
Total equity
39.71%
Operating Profit Margin (ROS)
100.21%
Net Profit Margin
99.88%
Return on Equity (ROE)
-47.31%
Debt to Equity Ratio
-6.86%
Quick Ratio
0.05%
Cash Ratio
0%

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