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GEMADEPT CORPORATION

Active

Business ID 0301116791

84-28 / 3823 6236

GEMADEPT CORPORATION

Active

Business ID 0301116791

84-28 / 3823 6236

GEMADEPT CORPORATION

Active

Summary

Name:

GEMADEPT CORPORATION

Business ID (TIN):

0301116791

Date of Registration:

01 Nov 1993

Registered Office:

Ho Chi Minh Department of Planning and Investment

Ticker:

GMD

Address:

2bis-4-6 Le Thanh Ton, Ben Nghe Ward, District 1, Ho Chi Minh City, Vietnam

Phone:

84-28 / 3823 6236

Fax:

(84-28) 3823 5236

Financial Statement:

2020, 2021, 2022, 2023, 2024

GEMADEPT CORPORATION: A Leading Force in Vietnam’s Logistics and Port Operations

GEMADEPT CORPORATION (HOSE: GMD), one of Vietnam’s foremost logistics and port operators, continues to demonstrate strong financial growth and strategic resilience despite global headwinds. With over three decades in operation, the company remains a vital pillar of Vietnam’s maritime logistics infrastructure and freight transportation network.

Headquarters and Structure

Founded on November 1, 1993, GEMADEPT operates as a public joint stock company, with its head office located at 2bis-4-6 Le Thanh Ton, Ben Nghe Ward, District 1, Ho Chi Minh City. It is listed on the Ho Chi Minh City Stock Exchange (HOSE) under the symbol GMD, and currently employs over 1,500 people.

The company is chaired by Mr. Do Van Nhan, with Mr. Nguyen Thanh Binh serving as General Director. GEMADEPT is backed by a diverse shareholder base, including foreign investors like SSJ Consulting (Vietnam) Co., Ltd. (9.85%)and Recollection Pte. Ltd. (4.5%), among others.

Business Activities

GEMADEPT specializes in seaport operations, container handling, and comprehensive logistics services. The company is also registered for a wide range of other business sectors, including:

Freight transport by road, sea, and air
Inland and coastal waterway operations
Shipbuilding and civil engineering
Real estate services
Manufacturing of rubber products
Restaurants, leasing services, and amusement activities

With a wide network including branches in Can Tho and Ba Ria – Vung Tau, the company operates across Vietnam’s economic hubs, enabling streamlined cargo and container movement nationwide.

Financial Performance

In fiscal year 2024, GEMADEPT posted remarkable financial results:

Metric	2023	2024	YoY Growth
Total Assets	USD 556.5 million	USD 739.4 million	+32.86%
Owner’s Equity	USD 399.8 million	USD 565.8 million	+41.51%
Total Sales	USD 158.0 million	USD 198.5 million	+25.64%
Net Profit	USD 104.1 million	USD 79.0 million	-24.09%
Net Worth (2024)	—	USD 550.3 million	—

While profit declined by 24.09% in 2024 following a record-breaking 2023, the company’s balance sheet strength improved significantly, with asset and equity expansions reflecting continued investment and infrastructure upgrades.

Strategic Positioning

Despite the drop in profits, GEMADEPT’s sustained asset growth and equity surge reflect confidence in long-term infrastructure and trade development. As Vietnam continues to cement its role as a global manufacturing and logistics hub, GEMADEPT is well-positioned to benefit from rising trade volumes, port traffic, and demand for integrated logistics solutions.

Moreover, its diversified business lines and strategic geographical presence give it a competitive edge in serving both domestic and international logistics chains.

Outlook

With a strong capital base, diversified operations, and deep-rooted market presence, GEMADEPT is expected to play a central role in Vietnam’s logistics modernization and regional connectivity. Investors and logistics partners should keep a close eye on the company as it navigates infrastructure expansion, digital transformation, and global trade dynamics.

For more detailed insights, visit the official website: https://www.gemadept.com.vn

Legal Profile

English Name:

GEMADEPT CORPORATION

Vietnamese Name:

CÔNG TY CỔ PHẦN GEMADEPT

Business ID (TIN):

0301116791

Date of Registration:

01 Nov 1993

Registered Office:

Ho Chi Minh Department of Planning and Investment

Ticker:

GMD

Ownership Status:

Publicly held

Operation Status:

Active

Contacts

Key Decision Makers:

+ DO V.N

+ NGUYEN T.B

+ CHU D.K

+ NGUYEN T.D

+ PHAM Q.L

+ DO C.K

+ NGUYEN M.N

Address:

2bis-4-6 Le Thanh Ton, Ben Nghe Ward, District 1, Ho Chi Minh City, Vietnam

Phone:

84-28 / 3823 6236

Fax:

(84-28) 3823 5236

Branch:

No. 80-82-84, Le Hong Phong Street, Binh Thuy Ward, Binh Thuy District, Can Tho City, Vietnam

Branch:

No. 1/1A, Pham Hong Thai Street, Ward 7, Vung Tau City, Ba Ria - Vung Tau Province, Vietnam

Business Sector

Key business lines:

VSIC:

4933 Freight transport by road

NACE:

49.4 Freight transport by road and removal services

Industry Sales Growth

CAGR (2019 - 2023)

6.53%

YoY (2023)

-2.69%

Companies by industry

Company distribution and propportions

33,076

1.1377%

Key Industry Players

Top 10 companies in freight transport by road industry

gemadept corporation petrolimex nghe tinh transportation and servise joint stock company sc logistic joint stock company trang an transport and trading joint stock company tan phu auto transport cooperative petrolimex ha noi transportation and trading joint stock company (translated name) kim boi mineral joint stock company - hai duong branch fully trusted logistics joint stock company tv68 bach khoa trading and service company limited (translated name) bac thanh import export trading transport company limited

Payment History

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Financial Performance

Assets	-17.57%
Owner’s Equity	-60.63%
Working Capital	76.72%
Net Worth	-27.67%
Sales	-98.56%
Operating income	-30.51%
EBIT	-18.58%
Gross Profit Margin	52.40%
Debt to EBITDA	-2.23%

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Negative Payment Records

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Specific Questions About GEMADEPT CORPORATION

When did GEMADEPT CORPORATION start operating?

GEMADEPT CORPORATION was started in 01 Nov 1993

What industry does GEMADEPT CORPORATION operate in?

GEMADEPT CORPORATION is operating in "Freight transport by road" industry

How can I contact GEMADEPT CORPORATION?

GEMADEPT CORPORATION phone numbers is 84-28 / 3823 6236

What adverse news is there about GEMADEPT CORPORATION?

GEMADEPT CORPORATION’s has 40 bad news

What is stock symbol of GEMADEPT CORPORATION?

GEMADEPT CORPORATION’s stock symbol is GMD

Where is the location of GEMADEPT CORPORATION?

GEMADEPT CORPORATION is located at 2bis-4-6 Le Thanh Ton, Ben Nghe Ward, District 1, Ho Chi Minh City, Vietnam

What is GEMADEPT CORPORATION’s business registration?

GEMADEPT CORPORATION business registration is 0301116791

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GEMADEPT CORPORATION