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Hai An Transport And Stevedoring (HAH) investor relations material
Hai An Transport And Stevedoring H1 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Net revenue for Q2 2026 reached VND 1,533.6 billion, up 20.3% year-over-year, driven by higher freight rates and additional vessel capacity.
Profit after tax for Q2 2026 was VND 466.7 billion, a 12.6% increase compared to Q2 2025.
Growth attributed to the addition of the Haian Iris vessel and increased EBS surcharges.
Financial highlights
Gross profit for Q2 2026 was VND 635.6 billion, up from VND 566.5 billion in Q2 2025.
Operating profit for Q2 2026 reached VND 570.3 billion, compared to VND 514.8 billion in Q2 2025.
Basic EPS for the first half of 2026 was VND 3,526, slightly down from VND 3,602 in the prior period due to increased share count.
Cash and cash equivalents at 30 June 2026 stood at VND 1,057.4 billion, nearly doubling from the start of the year.
Outlook and guidance
Continued focus on expanding vessel operations and leveraging higher freight rates.
Ongoing investments in new vessels and infrastructure to support growth.
- Net profit after tax jumped 75% to VND 1.40 trillion on strong revenue and asset growth.HAH
H2 2025 - Profit after tax soared 247.74% on strong revenue growth and expanded vessel operations.HAH
H1 2025 - Revenue up 30.5% but profit down 20.9% as vessel costs rose and freight rates fell.HAH
H1 2024 - Q4 profit after tax soared 345% year-over-year on strong vessel operations and fleet expansion.HAH
H2 2024
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