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Monday, May 29, 2023

Taxi agency Vinasun continues to stay within the red

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Taxi operator Vinasun reported a lack of VND66 billion ($2.87 million) for the second quarter, its sixth consecutive quarterly loss as Covid-19 continued to wreck its enterprise.

Revenues had been VND150 billion, the bottom because the firm was listed on the inventory market in 2008.

Earlier than the fourth wave of Covid started on the finish of April Vinasun had mentioned its monetary construction was “secure and wholesome” and it hoped to extend market share within the recovering market by investing in 500 new automobiles to take its fleet dimension to three,368 by the top of the yr.

It focused revenues of VND1.05 trillion this yr, up 4 p.c from 2020, and anticipated to cut back its losses to VND79 billion from VND210 billion final yr.

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Rachel Ha
Industrial and agricultural product enthusiast. Expert on Vietnam economy. Focus on FTA agreements between Vietnam and other countries.
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