Vegetexco Port JSC

Vegetexco Port JSC

HHNX:VGP
28,700.00
VND
-100.00
(-0.35%)
No data availableFinancial data will appear here once available

Capital Structure

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Working Capital

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Growth Rates

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Quarterly Revenue

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Quarterly Earnings Per Share

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Quarterly Dividends Per Share

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Company Description

CEO
Quynh Ngoc Pham
Full Time Employees
21
Sector
Transportation
Industry
Other transportation
Address
Ho Chi Minh City Vietnam
IPO Date
Jun 12, 2009
Business
Vegetexco Port Joint Stock Company (HNX: VGP), commonly known as Vegeport, is a Vietnam-based maritime logistics and trading enterprise primarily engaged in port operations, warehousing, logistics support, and commodity distribution. Established in 1991 as the Vegetable and Fruit Freight Forwarding Enterprise under the Vietnam National Vegetable and Fruit Corporation and converted into a joint stock company in 2001, the company is headquartered in Ho Chi Minh City, Vietnam. Vegetexco Port JSC organizes its operations into two main business segments: Port and Logistics Services, and Commercial Trading. Within Port and Logistics Services, the company provides marine terminal docking and handling facilities utilizing a 222-meter wharf capable of accommodating cargo vessels up to 20,000 deadweight tonnage (DWT) along the Saigon-Nha Be waterway; river buoy mooring and anchorage services; cargo stevedoring, tallying, and transshipment for bulk agricultural goods, fertilizers, animal feed, grains, steel, project cargo, and refrigerated containers; cold chain storage with an aggregate capacity of approximately 4,000 metric tons operating at temperatures ranging from -18°C to -25°C; general covered warehouse leasing spanning over 18,000 square meters; open storage container yard leasing covering more than 27,000 square meters; bonded warehousing and inventory management; freight forwarding and customs clearance; domestic and international shipping agency; maritime brokerage; and commercial property leasing. Within Commercial Trading, the company imports, exports, and wholesales fruit and vegetable seedlings; processed and frozen agricultural produce; marine and seafood products; industrial fertilizers and agrochemicals; general consumer merchandise; and machinery and transport equipment. In recent corporate developments, Vegetexco Port JSC has executed equity capital expansion programs through share issuances funded by equity reserves and stock dividend distributions, while maintaining sustained annual cash dividend payouts to investors. In addition, company leadership has actively consolidated share ownership via key insider equity acquisitions, its shares on the Hanoi Stock Exchange achieved margin trading eligibility, and the company has continued upgrading its cold-storage infrastructure and terminal handling equipment to improve handling throughput and expand integrated logistics capabilities across the southern economic corridor of Vietnam.