Fecon Joint Stock Company (Stock Code: FCN, HoSE) has announced a Board of Directors Resolution approving the second dividend payment for 2022 to shareholders in cash.
Accordingly, Fecon plans to execute the second dividend payment for 2022 at a rate of 4%, meaning shareholders holding one share will receive 400 VND. The payment will be made in cash or via bank transfer.
The final registration date for shareholders to exercise their rights is December 18, 2025, with the expected payment date being December 30, 2025.
With over 157.4 million FCN shares outstanding, Fecon is estimated to allocate nearly 63 billion VND for this dividend payment.
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Regarding business performance, according to the consolidated financial report for Q3/2025, Fecon recorded net revenue of over 1,142.6 billion VND, a 53.5% increase compared to the same period last year. After deducting the cost of goods sold, gross profit reached over 157.2 billion VND, up 40.5%.
After accounting for taxes and fees, the company reported a net profit of over 16.5 billion VND, compared to just 29.4 million VND in the same period last year.
For the first nine months of 2025, Fecon achieved net revenue of over 3,289.6 billion VND, a 51.5% increase compared to the first nine months of 2024; post-tax profit reached over 33.6 billion VND, 24 times higher than the same period.
In 2025, Fecon set a business plan with a consolidated revenue target of 5,000 billion VND and a post-tax profit target of 200 billion VND. Thus, by the end of the first three quarters, Fecon has completed 65.8% of its revenue plan and 16.8% of its post-tax profit plan.
As of September 30, 2025, Fecon’s total assets increased by 15.3% compared to the beginning of the year, reaching over 11,194.4 billion VND. Of this, short-term receivables were nearly 4,780.8 billion VND, accounting for 42.7% of total assets; inventory was nearly 2,017.4 billion VND, accounting for 18% of total assets; and long-term work in progress was 1,499.7 billion VND.
On the other side of the balance sheet, total liabilities stood at over 7,806.8 billion VND, up 23.2% from the beginning of the year. Of this, loans and finance leases were over 5,162.3 billion VND, accounting for 66.1% of total liabilities.
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