With nearly 27.5 million shares outstanding, HVT plans to spend over VND 41 billion to complete the dividend payout. The expected payment date is June 26.
| HVT’s financial performance over the years |
In 2024, HVT recorded a net profit of nearly VND 84 billion, up 24% from the previous year. However, the 15% dividend payout ratio is the lowest in the past four years. The highest dividend payout made by HVT was 70% in 2022.
 Source: VietstockFinance
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With a controlling ownership stake of 68.49%, the Vietnam Chemical Group – HVT‘s parent company – is expected to receive more than VND 28 billion in dividends this period.
Source: VietstockFinance
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For 2025, HVT targets revenue of VND 1,827 billion, up 13% from the previous year. However, the company has set a lower pre-tax profit target of VND 102 billion, a 4% decrease.
In the first quarter of 2025, HVT‘s net revenue exceeded VND 392 billion, a 15% increase year-over-year. Thanks to a slower rise in cost of goods sold (up 14%), net income surged by 55% to over VND 16 billion, achieving nearly 20% of the annual profit target.
According to HVT, despite a 20% increase in the price of some raw materials, the selling prices of key products also increased simultaneously. Specifically, the price of liquid caustic soda rose by 22-26%; chlorine-based products such as Javen increased by 15-20%; and PAC liquid and PAC powder rose by over 30%. As a result, the company maintained its business growth trajectory.
– 08:08 05/06/2025
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