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Madame. Truong Thi Le Khanh, Founder & Chairwoman Of The Board

Pangasius processor VHC to pay dividend in shares

Click on the flag for more information about Viet Nam VIET NAM
Monday, December 09, 2019, 00:00 (GMT + 9)

The Dồng Tháp Province-based Vĩnh Hoàn Company (VHC), the largest tra fish exporter in Việt Nam, plans to issue nearly 91 million shares to pay a 2019 dividend.

The shares will be issued at the ratio of 1:1, which means a shareholder who owns one share will receive an additional share.

Photo: Vinh Hoan

The source of dividend payout will come from the company’s undistributed post-tax profit as of December 31, 2018.

VHC’s undistributed post-tax profit reached VND 3.1 trillion (USD 134 million) at the end of 2018.

Photo: Vinh Hoan

In the first nine months of this year, VHC achieved VND 718 billion in pre-tax profit, down 55 per cent compared to the same period last year.

In the fist 10 months of this year, the company’s export turnover reached USD 229 million, down 16.6 per cent year-on-year, lower than the same period in 2017.

Source: VNS


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