“MCST Announces 70% Stock Dividend Payout and Impressive 2024 Financial Results”
In a recent board resolution, the company announced that it will issue 3.96 million shares as a 70% stock dividend payout immediately after obtaining approval from the State Securities Commission. This makes MCST one of the companies with the highest stock dividend payout rates since the beginning of 2025.
Following this issuance, the company’s chartered capital will increase from VND 56.58 billion to VND 96.18 billion.
Strong Financial Performance in 2024
For the fiscal year 2024, MCST reported impressive results with a revenue of VND 274 billion, reflecting a nearly 15% increase compared to 2023. Net profit reached VND 12.3 billion, representing a remarkable 58% growth. The earnings per share (EPS) stood at VND 2,180 per share.
Notably, the company attributed this growth to its core business operations rather than extraordinary profits.
As a result of this performance, MCST ended 2024 with a substantial amount of retained earnings of VND 40.6 billion against total equity of VND 97.6 billion. This indicates that almost all accumulated profits will be utilized for capital increase and further investment in the company’s business operations.
On July 17, the company signed significant contracts related to its coal business. MCST invested in a coal washing system with a capacity of 80-100 tons per hour and entered into coal purchase agreements worth VND 86.3 billion with the Northeast Corporation.
In the stock market, MCST’s share price, trading under the ticker ALV, has witnessed a strong upward trend since the end of July. As of August 15, ALV closed at VND 15,300, almost doubling its value compared to the beginning of the year.
“Lizen Seeks to Raise $100 Million via Equity Offering at a 15% Discount to Expand Global Footprint.”
Lizen is set to offer a strategic investment opportunity with a private placement of 100 million shares, priced at a 15% discount to the market rate. With this move, the company aims to raise 1,000 billion VND to fuel its ambitious growth strategy. The funds will be utilized to retire debt, invest in state-of-the-art equipment, expand its global footprint, and venture into large-scale PPP projects. This proactive approach positions Lizen for significant advancement, as it fortifies its financial standing and seizes opportunities for expansion and innovation.
“Former Major Shareholder, Chairman Hoang Tuyen, Divests from Private Hospital TNH”
“Following the sale of 5 million TNH shares between July 18 and August 5, 2025, Chairman Hoang Tuyen’s ownership decreased to 3.2%, thus ceasing his status as a major shareholder at TNH Hospital.”
“Leading Vietnamese Export Company Reports Record Profits; Stock Soars with Dragon Fruit Success”
The surge in stock prices came after the company unveiled stellar second-quarter financial results, boasting record-high revenue and profits.
“Samland Joins UPCoM on August 15th”
The Hanoi Stock Exchange (HNX) has announced that nearly 78.6 million SLD shares of Samland Corporation will commence trading on the UPCoM exchange from August 15, 2025, with a reference price of VND 9,400 per share.
