Company Insight

Gemadept Corporation (GMD) is a pioneer in port and logistics service sector in Viet Nam. In the first nine months of 2025, core profit before tax grew by 30% YoY, with estimated output increasing by 32% YoY amidst vibrant import-export activities. In the final quarter of 2025, accelerating key projects will be the growth driver for GMD going forward. Based on SOTP methods, we update GMD’s target price at VND 79,100.