Enterprise

BSR Sets October 30, 2025, as Bonus Share Distribution Date at a 61.5% Ratio

On October 8, 2025, the State Securities Commission approved the share issuance plan of Binh Son Refining and Petrochemical Joint Stock Company (HOSE: BSR) for dividend payment and capital increase from equity. Following this issuance, BSR’s chartered capital will exceed 50,000 billion VND. The final registration date for shareholders to receive bonus shares is set for October 30, 2025. This information has been officially published on the portals of the State Securities Commission and the Ho Chi Minh City Stock Exchange.

Administrator

11 October, 2025

As per the plan approved by the General Meeting of Shareholders, BSR will issue 1,906,807,263 bonus shares at a ratio of 61.5% (meaning shareholders holding 100 shares will receive an additional 61.5 bonus shares). Following this issuance, BSR‘s chartered capital will increase by over 19,000 billion VND, reaching a scale of more than 50,000 billion VND. This positions the company among those with the largest chartered capital on the HOSE market. This large-scale bonus share issuance not only underscores BSR‘s internal accumulation capabilities and operational efficiency but also demonstrates its strategic vision in strengthening equity capital. It prepares resources for the Dung Quat Refinery Expansion Project while delivering sustainable value to shareholders.

Dung Quat Refinery is operating safely and stably at optimal capacity.

Building on its positive production and business performance, BSR has once again been assigned a BB+ credit rating with a “Stable Outlook” by Fitch Ratings—equivalent to Petrovietnam and the Vietnamese Government for three consecutive years (2023–2025). Maintaining this high credit rating, coupled with the large-scale bonus share issuance, reaffirms BSR‘s brand reputation, management capabilities, and robust financial foundation. It further solidifies shareholder and investor confidence in the company’s sustainable growth prospects.

In terms of production and business operations, thanks to comprehensive solutions and flexible management, BSR‘s output and financial targets for the first nine months of 2025 have all exceeded plans. The Dung Quat Refinery has been operating at an average capacity of approximately 118%, with production reaching 5.87 million tons—equivalent to 117% of the business plan and 108% of the management plan.

Specifically, nine-month revenue surpassed 105 trillion VND, with contributions to the state budget totaling around 10.7 trillion VND and post-tax profit exceeding 2,000 billion VND. These impressive figures reflect efficient production capabilities and a sustainable business strategy.

In addition to its strong internal capabilities, BSR‘s performance has been supported by a positive refining margin (crack spread), particularly for Jet-A1 and DO 0.05S products. Driven by a significant increase in sales volume, BSR‘s business efficiency remains at record highs. Key technology units such as RFCC, CCR, NHT, ISOM, and PP have operated continuously and stably at high capacities, ensuring technical benchmarks and product quality.

Beyond maintaining its domestic market leadership, BSR‘s international business activities in 2025 have seen robust growth, significantly contributing to the company’s total revenue and profit. BSR has proactively expanded trade partnerships by signing long-term export contracts and memoranda with partners in Southeast Asia. Notably, it has intensified product supply to markets such as Laos, Cambodia, Myanmar, Indonesia, and emerging East Asian markets. Expanding international transactions not only diversifies BSR‘s revenue streams but also mitigates reliance on the domestic market, enhancing adaptability amid volatile global oil prices and demand.

Services

Minh Tài

– 09:35 10/10/2025