With approximately 7.3 million shares in circulation, PHN will distribute around VND 15 billion in dividends to shareholders in this round.

In 2025, PHN aims to produce and sell 377.5 million batteries. Revenue is expected to reach nearly VND 491 billion, up 6% from the previous year, while pre-tax profit is projected to decrease by 26%, amounting to over VND 54 billion.

Despite a conservative profit plan, PHN maintains a stable cash dividend policy of 50% for three consecutive years since 2023. Following the first advance payment with a ratio of 20%, shareholders are yet to receive an additional 30% to complete the 2025 dividend plan.

PHN’s Quarterly Financial Results

As of the first quarter of 2025, PHN recorded a 46% decline in net profit year-on-year, amounting to nearly VND 12 billion. Revenue decreased by 10% to over VND 113 billion, while cost of goods sold slightly dropped by 2%, totaling nearly VND 89 billion.

According to explanations from PHN, the 18% decrease in sales volume compared to the previous year was the main reason for the revenue decline. Additionally, a more than 20% increase in zinc raw material prices—a primary component in battery production—led to higher input costs, reducing the profit margin for the period.

After the first quarter, PHN accomplished 23% of the revenue plan and 27% of the profit plan for 2025.

Source: VietstockFinance

As of the end of the first quarter, the two largest shareholders of PHN were GP Batteries International Limited (a leading consumer and rechargeable battery manufacturer in Asia) and Mr. – former Chairman of the Board of Directors – holding 49% and 5% of the charter capital, respectively. They are estimated to receive over VND 7 billion and VND 735 million in dividends in this advance payment round.

Mr. Phạm Văn Nghĩa stepped down from his position as Chairman and resigned from the Board of Directors of PHN in mid-February 2025 due to personal reasons, after more than 7 years in leadership roles. His successor is Mr. Lam Hin Lap Michael.

Khang Di

– 14:28 06/06/2025

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