Viconship (VSC) nominates two individuals to the Board of Directors of Hai An (HAH).

VHO - Hai An Transport and Loading & Unloading Joint Stock Company (stock code: HAH) is expected to elect two additional members to the Board of Directors for the 2023-2028 term, replacing two individuals who submitted their resignations before the General Shareholders' Meeting held on June 26.

Viconship has purchased an additional 2.2 million HAH shares, increasing its ownership in Hai An to nearly 12.7%. (Illustrative image)

Mr. Nguyen Xuan Dung (born in 1979) holds a Bachelor's degree in Economics with a major in Finance and Credit, and has many years of experience in the banking and finance sector. Notably, Mr. Dung was recently elected to the Board of Directors of Viconship (stock code VSC) and assumed the position of Chairman of the Board of Directors at the recent 2024 Annual General Meeting.

Meanwhile, Mr. Ta Cong Thong (born in 1985) holds a bachelor's degree in insurance business administration and a bachelor's degree in foreign trade economics. Mr. Thong was elected as a member of the Board of Directors of Viconship in March 2021 and has also held the position of General Director from February 2024 to the present.

Two senior leaders, heads of the Board of Directors and the Executive Board of Viconship, are running for the Board of Directors of Hai An amidst VSC's continuous increase in ownership in HAH.

Most recently, at the end of May, Viconship acquired an additional 2.2 million HAH shares, increasing its ownership in Hai An to nearly 12.7%. In addition, two subsidiaries of VSC, Green Logistics Center Co., Ltd. and Green Port Services Co., Ltd., now hold a combined total of 2.644% of HAH's charter capital.

In terms of business performance, in the first quarter of 2025, Hai An Loading and Unloading recorded revenue of VND 1,169.13 billion, an increase of 66% compared to the same period last year; after-tax profit of the parent company reached VND 233.23 billion, an increase of 293.7% compared to the same period last year. The gross profit margin improved from 15.1% to 32.9%.

Responding to shareholders about this investment at the 2025 Annual General Meeting, Viconship's management stated that in recent years the company has proactively sought opportunities and invested in businesses in the same industry to enhance its logistics chain business capabilities, and also considers Hai An a crucial link for Viconship to complete its supply chain.

In 2025, HAH aims for a total operating throughput of nearly 1.46 million TEU, an increase of approximately 9% compared to 2024. Ship handling operations are expected to contribute the majority with 689,000 TEU, followed by port operations with 588,000 TEU and depot operations with an estimated 178,000 TEU.

Accordingly, HAH plans its 2025 business with a target of total revenue of VND 4,556 billion and consolidated after-tax profit of VND 865 billion, representing increases of 13% and 8% respectively compared to 2024. The 2025 dividend is expected to be 10% in cash and 10% in shares, equivalent to approximately VND 348 billion.

Source: https://baovanhoa.vn/kinh-te/viconship-vsc-de-cu-2-nhan-su-vao-hdqt-hai-an-hah-144617.html