“FPT Telecom to Release Over 246 Million Bonus Shares to Shareholders”

FPT Telecom Corporation (FPT Telecom, FOX on UPCoM) has announced its plan to issue shares to increase its charter capital from equity.

The company intends to issue approximately 246.3 million shares to existing shareholders at a ratio of 2:1, meaning that for every 2 shares owned, shareholders will receive 1 new share. The record date for allocating these rights is set for June 10, 2025.

The total value of the issuance, based on par value, exceeds VND 2,462.5 billion. This capital will be sourced from undistributed post-tax profits and the development investment fund as stated in the company’s separate financial statements for 2024.

If the issuance is successful, FPT Telecom’s charter capital will increase from nearly VND 4,925.1 billion to over VND 7,387.6 billion.

In other news, April 28, 2025, marked the last day for FPT Telecom to finalize its shareholder list for the second 2024 dividend payment in cash, with a ratio of 30%. This means that for every share owned, shareholders will receive VND 3,000. The expected payment date is June 6, 2025.

With over 429.5 million FOX shares currently in circulation, FPT Telecom is estimated to disburse more than VND 1,477.5 billion for this dividend payment.

Previously, in March 2025, FPT Telecom had finalized its shareholder list for the first 2024 interim cash dividend payment with a ratio of 20%. This meant that for every share owned, shareholders received VND 2,000. The expected payment date for this dividend is May 30, 2025.

With the same number of shares in circulation, over 429.5 million FOX shares, the company is estimated to have disbursed more than VND 985 billion for this dividend payment.

At the 2025 Annual General Meeting of FPT Telecom shareholders held on April 10, 2025, the company’s shareholders approved a plan to pay 2024 dividends in cash at a rate of 50%, meaning that for every share owned, shareholders will receive VND 5,000.

Thus, with the above two dividend payments, FPT Telecom has fulfilled its 2024 dividend payment plan, with a total expected payout of VND 2,462.5 billion.

In terms of business performance, according to the consolidated financial statements for Q1/2025, FPT Telecom recorded net revenue of nearly VND 4,582.2 billion, up 14.2% compared to the same period last year. After deducting taxes and expenses, the company reported a net profit of over VND 772.9 billion, an increase of 17%.

As of March 31, 2025, FPT Telecom’s total assets increased slightly by 3.8% from the beginning of the year to over VND 24,663.1 billion. Short-term financial investments accounted for 49.8% of total assets, amounting to VND 12,286.3 billion.

On the liabilities side of the balance sheet, total liabilities exceeded VND 14,228.9 billion, an increase of 8.4% from the beginning of the year. Of this, loans and finance leases amounted to nearly VND 7,620.5 billion, accounting for 53.6% of total liabilities.