Vietnam National Shipping’s H1 profit drops: Report

Vietnam National Shipping Lines’ first-half profit declined from a year earlier on lower freight volumes, Dau Tu Chung Khoan magazine reported, without saying where it got the information.

Vinalines, as the company is also known, had a profit of about VND18 billion (US$1 million), the report said. Revenue totaled less than VND8 trillion ($449 million), or 44 percent of the company’s full-year target, it said.

thanhnien, Bloomberg

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