In the first 6 months of 2024, Pha Rung Shipbuilding Company’s revenue reached nearly 260 billion VND, and is expected to reach 500 billion VND for the whole year of 2024.
News from Pha Rung Shipbuilding Company Limited, 6-month revenue reached nearly 260 billion VND, expected to reach 500 billion for the whole year. Of which, the whole year revenue from production and business is expected to reach 490 billion: From shipbuilding more than 288 billion, from repair 180 billion…
This is the result of many solutions to find new construction and repair contracts with diverse products and many high-value products. Typically, the company has signed contracts to build 8 new oil/chemical tankers of 13,000DWT for Korea and other products such as mooring buoys… In 2024, 6 new construction products will be carried out and 1 product will be delivered.
In 2024, the company also signed contracts to repair 70 products; of which 66 products were delivered. In the first 6 months of 2024 alone, the company delivered 34 repaired products to customers.
Currently, the company is focusing on implementing the 13,000DWT oil/chemical tanker products signed with the Korean shipowner. In the near future, it will negotiate to sign 3 more ships in the series of 11 13,000DWT oil/chemical tankers.
At the same time, continue to expand the product repair market for foreign customers such as Russia, Korea, China, Middle East, India…
“With the repair and new building orders signed and continuing to be signed, Pha Rung has enough work until the end of 2027. The expected output value will increase every year, reaching about 700,000 billion VND by 2027 and revenue of about 550 billion VND,” said a representative of Pha Rung Shipbuilding Company.
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Source: Vietnam Shipping Gazette
