- 2023-06-15T00:00:00
- Company Research
- Superdong – Kien Giang Fast Ferry JSC (HOSE: SKG) is a leading provider of speedboat services based in Kien Giang Province.
- SKG’s Q1 2023 NPAT surged 235% YoY, which was driven by (1) passenger volume recovering post COVID-19, (2) lower fuel costs, (3) interest income, and (4) income from ferry liquidation.
- In 2023, we expect SKG to benefit from the further recovery of Vietnam’s tourism industry. SKG has planned to upgrade/expand its vessel fleet and restore/open additional routes to capture rising travel demand in the Mekong Delta.
Powered by Froala Editor