VL Hikes 5% to Bt2.64, Expecting the Arrival of VL.23 to Pump more Revenue in 2021

VL Hikes 5% to Bt2.64, Expecting the Arrival of VL.23 to Pump more Revenue in 2021 by 15-20%.

The share price of V.L. Enterprise Public Company Limited (VL) rose ฿0.12/share or 4.76% to ฿2.64/share as of 10:44 local time in Thailand on Friday with a trading value of 38 million baht.

 

The company stated that the new “VL.23” vessel with a capacity of 2,800 DTW has arrived at the port as scheduled. VL.23 will be ready for loading at the end of April.

The new vessel will increase VL’s total fleet to 13, while the total loading capacity will increase to 41,893 DWT.

VL ranked at the second-largest oil tanker in Thailand, while expecting an increase in revenue by 15-20% this year.

 

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