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GMD - 2017 - Year of divestments - AGM Note

We attended GMD’s AGM on May 26, 2017. Investors focused on the construction of new ports and proposed divestments worth at least VND200 billion (USD9 million) in financial income. Revenue grew 4.1% to VND3.7 trillion (USD165 million) in 2016. Port operations contributed roughly 43% while Shipping and Logistics accounted for the rest. NPAT minus Minority Interest dropped by 3.1% to VND389 billion (USD17.2 million). Guidance for 2017 top line is VND3.8 trillion (USD167.5 million),