VNH, a state-owned enterprise under the Ministry of Defense, specializes in helicopter aviation services. They cater to a diverse range of missions, including oil and gas transportation, national defense and security, search and rescue operations, flight training, and special passenger transportation.
In 2024, VNH’s consolidated revenue reached VND 2,839 billion, a VND 196 billion increase from 2023’s figure of VND 2,643 billion, representing a growth rate of approximately 7%. Pre-tax accounting profits amounted to VND 499 billion, surpassing the previous year’s figure by VND 10 billion. After-tax profits stood at VND 407 billion, an improvement of over VND 10 billion compared to the VND 396 billion recorded in 2023.
The total taxes and contributions to the state budget for 2024 amounted to VND 418 billion, slightly lower than the VND 434 billion paid in 2023. The average monthly income of employees across the organization rose to VND 34 million, marking a VND 1 million increase from the previous year.
As of the end of 2024, VNH’s consolidated total assets stood at VND 4,739 billion. This comprised short-term assets worth VND 3,509 billion and long-term assets valued at VND 1,230 billion. Liabilities decreased from VND 1,012 billion to VND 969 billion. Meanwhile, owners’ equity reached VND 3,770 billion, with a maintained capital of VND 3,980 billion.
DNP Holdings Expands Horizons: New Venture in Ba Ria – Vung Tau
DNP Holdings Corporation (HNX: DNP) has passed a resolution to establish a new subsidiary in Ba Ria-Vung Tau Province. The company will contribute VND 153 billion, equivalent to 51% of the charter capital, to this new venture. Although the specific field of operation for this new entity has not yet been disclosed, this move underscores DNP Holding’s strategic expansion plans and their commitment to diversifying their portfolio.
The Cash Crown Competition: VIC Takes the Lead, VGI in Hot Pursuit
The Vietnamese stock market witnessed a fierce competition between VIC and VGI in the race for the cash crown in Q1. With a narrow margin, VIC took the lead over VGI, pulling ahead by just 350 billion VND.
A Fresh Slate: Nominating a Foreign Shareholder to the TNH Hospital’s Board of Directors for the Upcoming Term
Access S.A., SICAV-SIF – Asia Top Picks, a leading Luxembourg-based foreign fund, has nominated Ms. Nguyen Thi Thuy Giang to the Board of Directors of TNH Hospital for the 2025-2030 term.
A High-Yielding Dividend of 23% on Offer from Port Company
This is the highest cash dividend ratio in the past 4 years. The company expects to spend around VND 46 billion on shareholder payments.
“TCW shareholders approve a cash dividend of VND 2,300 per share”
“Tan Cang Warehousing Joint Stock Company (UPCoM: TCW) announces that June 18th is the ex-dividend date for the 2024 cash dividend. The dividend will be paid at a rate of 23%, equivalent to VND 2,300 per share.”
