PVT Logistics Joint Stock Company (PVT Logistics, Stock Code: PDV) has recently announced its plan to issue shares as dividends for the year 2024.
The company intends to issue over 13.2 million shares as dividends, with a ratio of 100:20, meaning shareholders holding 100 shares will receive an additional 20 new shares. The final registration date for this allocation is December 3, 2025.
The total issuance value, based on the par value, is approximately VND 132.2 billion. The capital for this issuance will be sourced from the undistributed after-tax profits as per the audited 2024 financial report.
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If the issuance is successful, the total number of shares of PVT Logistics is expected to increase from nearly 66.1 million to over 79.3 million, corresponding to an increase in charter capital from approximately VND 661 billion to nearly VND 793.2 billion.
Notably, on November 19, 2025, PVT Logistics listed over 66 million PDV shares on the HoSE with a reference price of VND 12,450 per share. After the first three trading days, the PDV shares closed at VND 13,000 per share on November 21, 2025.
PVT Logistics, formerly known as Eastern Petroleum Products Transportation Joint Stock Company, was established in April 2007.
The company currently operates in various sectors, including maritime transport, road freight transport, inland waterway transport, maritime brokerage services, ship supply services, and maritime agency services.
As of September 30, 2025, PVTrans (PetroVietnam Transportation Corporation, Stock Code: PVT, HoSE), a subsidiary of the Vietnam National Oil and Gas Group (PetroVietnam), holds 51.87% of PVT Logistics’ charter capital.
In terms of business performance, in the first nine months of 2025, PVT Logistics achieved a net revenue of nearly VND 1,408.3 billion, a 37.4% increase compared to the same period in 2024. After deducting taxes and fees, the company reported a net profit of approximately VND 48.6 billion, a 78.2% decrease.
For 2025, PVT Logistics has set a target of VND 88 billion in after-tax profit. Thus, after the first three quarters, the company has achieved 55.2% of its profit plan.
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