Accordingly, PV GAS will pay cash dividends at a rate of 21%, equivalent to shareholders owning 1 share will receive 2,100 VND. Thus, with nearly 2,342.7 million shares listed and in circulation, the company will have to spend nearly 4,920 billion VND to pay dividends. The expected dividend payment date is November 25.
Notably, in addition to paying cash dividends, PV Gas also plans to reward shares to existing shareholders at a rate of 3% to increase share capital from equity.
Accordingly, the Corporation will need to issue approximately 70 million new shares, expected to be implemented in the second and third quarters of 2025. If this plan is successfully implemented, PV Gas' charter capital will increase to VND24,129 billion.
PV GAS has not yet announced its financial report for the second quarter of 2025. At the end of the first quarter of 2025, the company recorded revenue of more than VND 25,675 billion, an increase of 10.11% over the same period last year; profit after tax reached VND 2,762.8 billion, an increase of 8.62%.
In terms of business operations, PV Gas targets consolidated revenue at VND74,000 billion and consolidated profit after tax at VND5,300 billion this year, down 29% and 50% respectively compared to the actual level in 2024. However, the Corporation often makes cautious business plans.
At the 2025 Annual General Meeting of Shareholders, PV Gas's Board of Directors said that in the first 5 months of this year, the Corporation recorded consolidated revenue of about VND46,500 billion and after-tax profit of about VND5,900 billion. Thus, the Corporation is estimated to have completed 63% of the revenue target and 112% of the profit target for the year.
Recently, the company's leaders shared at a working session with the leaders of the Vietnam National Energy and Industry Group ( Petrovietnam ) that in the first 6 months of 2025, PV GAS's production and business activities faced many difficulties due to a sharp decline in domestic gas sources, a 15% decrease in oil prices, and a 20% decrease in gas mobilization for electricity production compared to the same period last year. However, overcoming the challenges, the company recorded growth compared to the same period in 2024, with consolidated revenue growing by 8%.
Notably, the revenue structure has changed positively when revenue from the LPG/LNG business sector accounted for 55% of consolidated revenue, up 20% over the same period, showing a decrease in dependence on the traditional gas supply sector for electricity.
Source: https://baovanhoa.vn/kinh-te/pv-gas-gas-chia-co-tuc-21-bang-tien-va-phat-hanh-co-phieu-thuong-158230.html
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