PVT - Tanker rate in 2023 to be slightly lower YoY - AGM Note
  • 2023-04-11T00:00:00
  • Company Research

- We attended PVT’s AGM on April 11, which discussed tanker rates, the transportation demand outlook, the company’s 2023 business plan and 2021-2025 guidance.

- PVT’s management expects average tanker rates in 2023 to edge down after 2022’s high base, which is in line with our expectation.

- Shareholders approved a 2022 stock dividend of 10% and cash dividend of VND300/share. We currently forecast VND1,000/share for PVT’s 2022 cash dividend.

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