Pacific Petroleum Transport Joint Stock Company (PV Trans Pacific, Stock Code: PVP, HoSE: PVP) has just announced a report on the change in ownership of major shareholder Le Ngoc Anh, holding 5% or more of the shares/closed-end fund certificates.
According to the report, investor Le Ngoc Anh purchased 189,600 PVP shares. Prior to this transaction, the investor held over 6.21 million PVP shares, equivalent to 5.99% of Pacific Petroleum Transport’s charter capital. As a result of this transaction, the number of shares held by the investor has increased to more than 6.4 million, equivalent to 6.17% ownership.
The transaction date that changed the ownership ratio was November 26, 2024.
Thus, after the transaction, the group of shareholders and related parties of investor Le Ngoc Anh owned a total of over 7.4 million PVP shares, equivalent to 7.17% of the charter capital of PV Trans Pacific. Of this, Le Ngoc Anh’s two sons, Mr. Le Ngoc Y and Mr. Le Minh Duc, held 551,910 PVP shares (0.53% capital) and 484,800 PVP shares (0.47% capital), respectively.
In terms of business results, according to the company’s Q3/2024 financial report, Pacific Petroleum Transport recorded net revenue of VND 359.16 billion, down 36.1% over the same period in 2023; financial activity revenue of nearly VND 21.31 billion, up 14.1%. After deducting taxes and expenses, the company reported a net profit of over VND 68.9 billion, up 23.2%.
For the nine months ended September 30, 2024, Pacific Petroleum Transport recorded net revenue of VND 1,092.21 billion, down 11% year-on-year, and after-tax profit of VND 174.39 billion, up 11.1% over the same period in 2023.
As of September 30, 2024, Pacific Petroleum Transport’s total assets stood at VND 2,774 billion, up 2.2% from the beginning of the year. This included fixed assets of VND 1,246.6 billion, accounting for 44.9% of total assets; short-term financial investments and cash of VND 1,163.5 billion, or 41.9% of total assets; and short-term receivables of VND 239.6 billion, or 8.6% of total assets.
On the liabilities side, Pacific Petroleum Transport’s total liabilities were nearly VND 954.7 billion, a slight decrease of 2.83% from the beginning of the year. This included short-term and long-term borrowings of nearly VND 465.1 billion, down almost 22%.
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