PVT Logistics officially listed on HoSE in the trading session on November 19

As of 10:00 a.m. on November 19, PVT Logistics shares increased by VND500, to VND12,950/share, equivalent to a capitalization of more than VND855.9 billion.

At the HoSE listing ceremony, Mr. Ho Si Thuan, Chairman of the Board of Directors of PVT Logistics, emphasized that the official listing of PVT Logistics shares is a particularly important milestone in the Company's development journey. He said that the 2020-2024 period has witnessed efforts to comprehensively restructure the fleet, expand scale and strongly increase asset value. Thanks to that, PVT Logistics' operational efficiency and professionalism have been significantly improved, meeting the strict standards of major oil companies and high-end markets such as the US and Europe. The reputation and brand of the enterprise have also been consolidated, gradually shaping PVT Logistics as a model with full capacity, vision and internal capacity to compete on a wider scale.

Mr. Ho Sy Thuan, Chairman of PVT Logistics, performs the gong ceremony to celebrate the listing at HoSE. Photo: Le Toan

Mr. Thuan expects that listing on HoSE will open up more opportunities for the Company to continue to upgrade its scale of operations, improve its governance capacity and promote transparency in operations. This is an important foundation to help the business move towards stable and sustainable development, while creating favorable conditions to increase stock value and optimize shareholder benefits in the future.

It is known that PVT Logistics currently owns and operates 10 ships, including 5 oil/chemical ships and 5 bulk carriers. Of which, oil/chemical transport is identified as a pillar throughout the development strategy, in addition to the bulk transport segment which continues to be maintained and expanded when the market has good opportunities.

According to the plan, as soon as it is listed on HoSE, in December 2025, PVT Logistics will pay 2024 dividends in shares at a rate of 20%, after the issuance, the charter capital is expected to increase from 660 billion VND to nearly 800 billion VND.

The move to pay dividends in shares combined with transferring transactions from UPCoM to HoSE is considered a strategic step, both enhancing transparency and expanding access to new investors, thereby expecting to significantly improve liquidity for PVT Logistics shares compared to the period when they were still trading on UPCoM.

Not only improving in technology, PVT Logistics is also building strategic steps to serve the goal of long-term sustainable growth.

First, in the period of 2026 - 2030, the company plans to invest in 6 new ships, focusing on oil/chemical tankers of 20,000 - 35,000 DWT, and at the same time lease 3 ships. At the same time, PVT Logistics will sell two 13,000-ton oil/chemical tankers to restructure the fleet, shifting investment to oil/chemical tankers of larger sizes of 20,000 - 35,000 DWT to expand exploitation routes as far as the US - Asia to serve the needs of the chemical market.

It is known that PVT Logistics has a policy of rejuvenating its fleet (under 10 years old) to meet international emission regulations and improve operational efficiency. In addition to direct investment, PVT Logistics will add more ships through lease-purchase, helping to increase the size of its fleet.

The focus of the investment strategy is on petroleum/chemical transportation and continuing to seek, if favorable opportunities arise, to invest in expanding the bulk carrier fleet.

Second, the plan to invest in a chemical/petroleum and general cargo port warehouse, with a total investment capital of about 65 million USD, will be implemented at the end of 2026 and operational from 2028. This project helps businesses complete a closed logistics chain - from transportation to storage and distribution, creating a solid foundation for a new growth phase.

Third, the Company has taken strategic steps to build and develop high-quality crew human resources, to ensure human resource supply for its development and enhance competitive advantage.

In particular, PVT Logistics has established a Crew Center, focusing on recruiting and training crew members for positions from low to high levels such as captain and chief engineer, and in particular, PVT Logistics recruits new graduates and provides scholarships and training to build a stable crew force in the next 5-year development period, until 2030.

With a well-planned investment strategy and many existing advantages, when the fleet and port warehouse are completed, PVT Logistics' total assets can triple, from more than VND 2,000 billion at present to about VND 6,600 billion by 2030. The target profit is VND 250 - 300 billion, marking a leap in both scale and operational efficiency.

It is known that the revenue for the whole year of 2025 is expected to reach about 1,900 billion VND, exceeding the initial target of 1,850 billion VND, the whole year's profit will complete the plan of 110 billion VND. In 2026, the enterprise expects to grow by at least 10%, and has fixed a 6-month - 1-year fixed-term lease contract (TC) to anticipate favorable price trends.

Source: https://baodautu.vn/pvt-logistics-chinh-thuc-chao-san-hose-trong-phien-giao-dich-ngay-1911-d437326.html