With nearly 18.6 million shares in circulation, the company plans to allocate approximately VND 186 billion to shareholders according to the recently proposed plan. This implies that the management has decided to distribute almost all of the retained earnings as dividends up to June 2025. The process of collecting written opinions from shareholders will take place from September 8 to 24. If approved, the record date and payment date will be announced later by the Board of Directors to the shareholders.
On June 10, the Company paid a 2024 cash dividend to shareholders at a rate of 40% (VND 4,000/share).
 Ban Coc Hydropower Plant was inaugurated in September 2009
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Que Phong currently manages two hydropower plants, Ban Coc and Sao Va, both located in Que Phong District, Nghe An Province (formerly known as Que Phong).
The largest shareholder of Que Phong is Trung Son Power Joint Stock Company, holding 85.5% of the shares, followed by General Director of Que Phong, Mr. Le Thai Hung, with 7.2%. Mr. Hung is also the representative of Trung Son Power’s invested capital.
Notably, just before Que Phong announced the information related to dividends, Mr. Hung expressed his intention to completely divest from the company to restructure his investment portfolio.
In the stock market, QPH shares surged by nearly 14% to VND 41,000/share in the session on September 9, following the news of the additional substantial dividend. If we consider the performance from the beginning of this year, the share price has increased by 53.5% and reached its historical peak.
– 16:28 09/09/2025
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