Merger of two railways to be completed by the end of this year
The merger of two railway transport companies, Hà N?i and Sài Gòn, will be completed by the end of this year to form Railway Transport Joint Stock Company (VRT) with a charter capital of more than VNÐ1.3 trillion (US$51.2 million), according to the Vi?t Nam Railway Corporation (VNR)
The merger of two railway transport companies, Hà Nội and Sài Gòn, will be completed by the end of this year to form Railway Transport Joint Stock Company (VRT) with a charter capital of more than VNĐ1.3 trillion (US$51.2 million), according to the Việt Nam Railway Corporation (VNR)
This is a part of the VNR’s restructuring plan, under which the company had completed the mergers of five locomotive factory branches into three branches and three railway project management boards into one.
A representative from VNR said that the mergers helped improve the efficiency in the use of facilities, improve operation and incomes.
At the annual shareholders’ meetings of Hà Nội and Sài Gòn railways in April, the two companies agreed on the merger implementation plan, the business operation plan and the charter of VRT.
VRT will operate in 74 business lines, among which two major lines are passengers and goods railway transportation.
Hà Nội Railway reported a total revenue of nearly VNĐ2.5 trillion in 2023, an increase of 5.67 per cent against 2022 and a profit of more than VNĐ14 billion, up 143 per cent. The company earned a revenue of more than VNĐ710 billion in the first quarter of this year.
Sài Gòn Railway earned revenue of more than VNĐ1.7 trillion and a profit of VNĐ10.7 billion, rising by 8.4 per cent and 13.4 per cent against 2022, respectively. In the first quarter of this year, the company reported a revenue of VNĐ563 billion, up 13.4 per cent. — VNS
« Quay lại
Our Events
-
Jan 28, 2019
[FiinPro Data] 2018 Earnings Update: 82% of businesses reported profits with a 16% growth
-
Dec 07, 2018
-
Oct 22, 2018
-
Oct 09, 2018
-
28/04/2020
-
09/10/2018
Đầu tư ngành ngân hàng liệu còn hấp dẫn?
Cổ phiếu ngành Ngân hàng là một trong những nhóm cổ phiếu dẫn dắt thị trường trong suốt những năm qua. Số liệu FiinPro cho thấy cổ phiếu ngành này đã đạt mức tăng trưởng 3 con số trong năm năm qua, tăng 154.1% so với mức tăng 2 con số của VNIndex là 96.5%. Liệu sức hấp dẫn của cổ phiếu Ngân hàng có còn trong những tháng cuối năm 2018 và năm 2019?