Sunday, May 20, 2012
PINK:TRTH
image image image image
Stable Growing Vietnam Economy with Strong Foreign Investments Vietnam is one of the fastest growing economies in Asia, with an expected growth at 7.3% CAGR from 2009 to 2013. The country's maritime transport sector has been growing at an even faster rate several points higher than GDP and is expected to continue outpacing GDP growth through the coming years. Vietnam is a stable growth economy with a strong future in the intra-Asia investment market.
Strong Fleet Usage Even During Global Shipping Downturn

Trai Thien USA is focused on servicing Southeast Asian routes, where intra-ASEAN trade is growing strongly and charter rates are relatively steady.  The Company has maintained solid payload capacity for the growing small and medium production sector and its focus on dry bulk commodities such as forestry products, grains, cement, steel, ore, and coal have led to a very strong fleet utilization rate.
Optimized for Southeast Asia Bulk Market

Trai Thien USA operates a fleet of 6 vessels optimally sized for its dry bulk shipping business in Southeast Asia.  These modern, efficient pre-Handy class geared bulkers have an average capacity of 3,700 DWT and an average age of 3 years. The vessels are equipped with deck-side cranes which provide cargo handling flexibility and draft efficiency for accessing lower cost secondary ports often characterized by infrastructural constraints.

 
Strength During Recession Trai Thien USA has had steady growth despite the global economic and shipping downturn. For example, fiscal 2009 revenues increased 116% and cargo utilization rate increased 42% over 2008. Revenue increased 32% from Q1 2011 as compared to Q1 2010.
· Trai Thien USA Inc. (OTC Markets: TRTH) is a fast-growingVietnam-based dry bulk shipping company specializing in transporting rawmaterials such as coal, ore, steel, lumber and grain within Southeast Asia.
· Year-end 2011 revenues increased over 20.9% as compared to theprevious fiscal year, from $12,232,991 in 2010 to $14,794,939 in 2011.
· Income from Operations increased over 148% from 2010 to 2011, from$1,051,543 to $2,615,000
· Net Income increased from a loss of $539,452 in fiscal 2010 to apositive $1,377,391 in 2011.
· The Company is operating a 21,990 DWT fleet comprised of six gearedbulk vessels specialized in providing ocean transportation services for rawmaterial input items such as coal, ore, grain, lumber, cement, steel andfertilizer throughout the Southeast Asia region.

· Trai Thien USA Inc. (OTC Markets: TRTH) is a fast-growing Vietnam-based dry bulk shipping company specializing in transporting raw materials such as coal, ore, steel, lumber and grain within Southeast Asia.

· Year-end 2011 revenues increased over 20.9% as compared to the previous fiscal year, from $12,232,991 in 2010 to $14,794,939 in 2011.

· Income from Operations increased over 148% from 2010 to 2011, from$1,051,543 to $2,615,000

· Net Income increased from a loss of $539,452 in fiscal 2010 to a positive $1,377,391 in 2011.

· The Company is operating a 21,990 DWT fleet comprised of six geared bulk vessels specialized in providing ocean transportation services for raw material input items such as coal, ore, grain, lumber, cement, steel and fertilizer throughout the Southeast Asia region.

Download attachments:
back to top

PINK: TRTH

1 TRTH 0.14
0.000 (0.00%)    

Investor Updates

Stay informed by signing up for our investor-oriented newsletter:
Scroll To Top