An Cuong Wood Announces 13% Cash Dividend Advance Payment

An Cuong Wood Processing Joint Stock Company (HOSE: ACG) announces the finalization of its shareholder list for the first interim dividend payment in 2025, to be distributed in cash at a rate of 13% (equivalent to VND 1,300 per share). The ex-dividend date is set for November 11th.

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With over 150 million shares outstanding, ACG will allocate approximately VND 196 billion for this dividend payment. The disbursement is scheduled to commence on November 25th.

For 2025, the company has set a target of VND 4,047 billion in net revenue and VND 450 billion in post-tax profit, marking a 2% and 7% increase respectively compared to 2024. Additionally, ACG has committed to a minimum dividend payout ratio of 15%, either in cash or stock. Consequently, ACG is expected to execute one more dividend distribution to fulfill its annual plan.

ACG’s Financial Performance Over the Years

Over the past three years (2022-2024), ACG has consistently paid cash dividends. In 2022, the company recorded a record profit of VND 616 billion and distributed a 16% dividend—the highest in three years. In the subsequent two years, the dividend rate stabilized at 15% as profits remained around VND 400 billion.

ACG’s 9-Month Financial Performance Over the Years

In the first nine months of 2025, the company led by Mr. Lê Đức Nghĩa achieved net revenue of VND 2,940 billion and a net profit of VND 358 billion, representing a 6% and 9% increase year-on-year, respectively. This performance equates to 73% and 80% of the annual targets.

Source: VietstockFinance

As of September 30, 2025, NC Vietnam Investment LLC is the largest shareholder, holding over 50% of the capital, and is expected to receive approximately VND 98 billion in dividends. The other major shareholders, Sumitomo Forestry and Whitlam Holding, hold nearly 20% and over 18% of the capital, respectively, and are set to receive more than VND 38 billion and VND 35 billion in dividends.

Khang Di

– 13:00 05/11/2025

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