VNDirect Securities Corporation (code: VND-HOSE) announces the Board of Directors’ resolution on paying 2023 dividends to existing shareholders.
Accordingly, VNDirect announces that September 11 is the record date for paying 2023 dividends in cash at a rate of 5% (1 share will receive VND 500). The expected payment date is September 25. With more than 1.52 billion shares outstanding, VND will spend VND 761 billion on dividends for this period.
In the shareholder structure, I.P.A Investment Group Joint Stock Company owns more than 393 million shares and is expected to receive VND 196 billion. Ms. Pham Minh Huong, Chairwoman of the Board of Directors, will receive nearly VND 18 billion.
Previously, HOSE approved VNDirect’s issuance of shares to pay dividends and offer them to the public for existing shareholders. The total number of shares issued is 304.5 million, and the effective date of change is August 22.
Specifically, more than 294 million freely transferable shares will be tradable from September 4. The remaining 9.5 million shares are restricted from transfer and can be traded from July 14, 2025. After completion, VNDirect’s charter capital will increase from VND 12,178 billion to nearly VND 15,223 billion.
According to the reviewed semi-annual financial statement for 2024, VND recorded after-tax profit of over VND 962 billion, up 71.4% over the same period (VND 561.16 billion). According to explanations from VND, profits increased due to a significant decrease in interest expenses, with a reduction rate of 61%, equivalent to a decrease of VND 490 billion, as borrowing rates decreased compared to the first six months of 2023;
Net revenue from financial assets recognized through FVTPL profit/loss reached VND 806 billion, down 6.5% (equivalent to a decrease of VND 56 billion) over the same period last year due to lower interest rates on deposit certificates, bonds of credit institutions, and corporate bonds;
On the other hand, the expense provision for financial assets, handling losses on bad debts, loss on impairment of financial assets, and borrowing costs for loans was VND 81.8 billion, an increase of VND 76.4 billion compared to the previous year;
Interest income from lending and receivables reached VND 615 billion, up 17.6% (an increase of VND 92 billion) due to the increase in margin lending scale, and brokerage service revenue reached VND 410 billion, up 17.5% (an increase of 61 billion VND) over the same period last year;
In addition, management expenses for the first six months of 2024 amounted to VND 232.8 billion, an increase of VND 67 billion compared to the same period last year.
Bamboo Capital (BCG) surpasses 4,000 billion VND in revenue, reduces debt by 5,500 billion VND by 2023
The amount of debt to be paid has been reduced by more than 5,498 billion VND as the Group has actively settled all borrowings in order to lessen the cost of interest and ensure financial stability for the business.
Tracodi (TCD) earns 163 billion VND profit in 2023
Throughout the year 2023, Tracodi achieved a consolidated net revenue of VND 1,784.5 billion and a post-tax profit of VND 163.3 billion.
Profit from Sugarcane, Durian, and Leafy Vegetables with the Lunar New Year approaching
Good news for farmers in the Mekong Delta provinces as the prices of sugarcane, durian, and vegetables… have skyrocketed during the days leading up to the Lunar New Year, providing them with attractive sources of income.
Building Peace earns over one hundred billion in Q4 2023, breaks four consecutive quarters of losses, HBC stock soars in January 30th session.
As of December 31, 2023, Hòa Bình Construction continues to incur a cumulative loss of nearly 2,900 billion Vietnamese dong.
Novaland reports over VND 1,600 billion in profit for Q4/2023, bond debt reduced by VND 6,000 billion in one year.
In 2023, Novaland achieved a profit of over 800 billion VND, in contrast to the first half of the year when the company incurred a loss of over 1,000 billion VND.
