Hai An Transport completes ambition to increase charter capital

Hai An Transport and Stevedoring Joint Stock Company (Hai An Transport; HoSE: HAH) has just reported the results of issuing shares to pay dividends in 2024.

Accordingly, Hai An Transport has successfully distributed 38.96 million dividend shares to 14,293 shareholders. The exercise ratio is 10:3. The capital is taken from undistributed profit after tax on the audited financial report for 2024. In this distribution, 1,531 odd shares were canceled.

At the end of the issuance, Hai An Transport had 168.86 million outstanding voting shares, equivalent to charter capital of VND 1,688.6 billion.

HAH aims to increase its transport capacity in the coming time by building 4 new container ships with a capacity of 3,000 - 4,500 TEU.

In addition, in this period, HAH also paid 2024 cash dividends to shareholders at a rate of 10%, equivalent to each shareholder owning 1 HAH share will receive 1,000 VND in dividends. The expected payment date is August 28, 2025. With nearly 129.9 million HAH shares in circulation on the market, it is estimated that the company will have to spend nearly 129.9 billion VND for this dividend payment.

In terms of ownership structure, HAH is held by a number of large units in the transportation industry, including: Hai Ha Investment and Transport JSC holding 15.73%, Vietnam Container Joint Stock Company holding 12.66%, Multimodal Transport and Transport Agency LLC holding 5.34% and a number of investment funds such as Leadvisors Fund Management JSC holding 4.62%, America LLC holding 2.91%, and other shareholders.

According to Nguoi Dua Tin 's research , the above dividend payment plan was approved by Hai An Transport shareholders at the 2025 Annual General Meeting of Shareholders (AGM) held on June 26, 2025.

In the shareholder meeting documents, the company calculated the plan to build a larger fleet with a plan to build 4 new container ships with a capacity of 3,000 - 4,500 TEU and at the same time look to buy 2 to 3 suitable old ships if there are good opportunities in the market. In addition, it is conducting research and developing projects to build new ships with larger sizes, ranging from 7,000 - 9,000 TEU.

In addition, HAH plans to transfer the container yard and port service project in Ba Ria Vung Tau province, while seeking investment opportunities in seaports in Hai Phong and other areas such as the Central region and the Mekong Delta.

HAH is held by several major players in the shipping industry.

According to the financial statements for the second quarter of 2025, HAH recorded a profit of VND414 billion, 3.2 times higher than the same period last year. During the period, the company recorded net revenue of VND1,274.6 billion, an increase of 34% over the same period last year. In the first 6 months, this shipping company achieved a revenue of VND2,444 billion and a consolidated profit after tax of VND688 billion.

One of the reasons HAH recorded favorable results after the first half of the year was the addition of 3 ships into operation (Opus, Gama, Zeta), and the increase in transport output and freight rates this year led to a sharp increase in revenue and profit from ship operations.