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Hoa Phat Shipping Joint Stock Company (Vietnam)

Main Activities: Deep Sea, Coastal, and Great Lakes Water Transportation
Secondary Activities: Iron and Steel Mills and Ferroalloy Manufacturing | Travel Arrangement and Reservation Services | Materials Recovery Facilities
Full name: Hoa Phat Shipping Joint Stock Company Profile Updated: February 21, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2022 Available in: English Download a sample report

Established in 2019 in Hai Duong Province, Vietnam, the subject is considered a member of HOA PHAT GROUP. It specializes in shipping and providing services for sea and coastal freight water transport. Late last year, the subject strongly increased the charter capital to VND 500 billion, and HOA PHAT HAI DUONG STEEL JOINT STOCK COMPANY owns 68% of which.In 2021, the subject has completed the purchase of 3 large tonnage vessels, The Evolution, The Harmony (90,000 tons), and Kamsarmax (80,000 tons). And recently, on 08 August 2022, the subject signed a contract to build 2 new 24,500-ton cargo ships with Ha Long Shipyard. This project will be completed in 2023. The subject is responsible for chartering ships for all orders to buy FOB and sell CFR of the Group, and it also receives commercial orders in the market.The subject's business results boomed in 2020 and 2021 although the pandemic has broken out strongly in those years. Thanks to strong support from HOA PHAT GROUP and the potential market, the subject's operation is considered development in the future.

Headquarters
No. 72, Tran Quoc Toan Street, Tran Hung Dao Ward
Ha Noi (municipality); Red River Delta; Postal Code: 10000-14000

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Basic Information
Total Employees:
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Outstanding Shares:
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Registered Capital:
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Incorporation Date:
October 24, 2019
Key Executives
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Director
Ownership Details
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68%
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16%
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16%
Subsidiaries
Hoa Phat Group Joint Stock Company
Company Performance
Financial values in the chart are available after Hoa Phat Shipping 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
31.36%
Total operating revenue
31.36%
Operating profit (EBIT)
-16.69%
Net Profit (Loss) for the Period
0.29%
Total assets
2.85%
Total equity
54.97%
Operating Profit Margin (ROS)
-4.31%
Net Profit Margin
-2.33%
Return on Equity (ROE)
-19.34%
Debt to Equity Ratio
-48.16%
Quick Ratio
-0.14%
Cash Ratio
0.02%

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