Viet Nam Ocean Shipping Joint Stock Company's after-tax profit was negative over VND 9 billion in the fourth quarter of 2024
Viet Nam Ocean Shipping Joint Stock Company announced its consolidated report for the fourth quarter of 2024 with a negative profit after tax of more than VND 9 billion, while in the same period, it had a profit of nearly VND 105 billion. Vosco said the reason for the sharp decline in the fourth quarter of 2024 profit was due to a sharp decline in the dry cargo and oil tanker market, affecting freight rates and business results.
Viet Nam Ocean Shipping Joint Stock Company announced its consolidated report for the fourth quarter of 2024 with a negative profit after tax of more than VND 9 billion, while in the same period, it had a profit of nearly VND 105 billion. Vosco said the reason for the sharp decline in the fourth quarter of 2024 profit was due to a sharp decline in the dry cargo and oil tanker market, affecting freight rates and business results.
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