EPS 10,000 VND, cash dividend of 40%: Stocks of a company selling an essential tool for every home at an unbelievable low price

CTCP Meinfa (stock code MEF) announced its 2024 consolidated financial statements with revenue of 380 billion VND, an increase of 17% compared to the previous year. After deducting costs, the net profit reached nearly 44 billion VND, up 26% and a record high for the company. With a charter capital of 41 billion VND, the EPS exceeded 10,000 VND/share while the stock price is only 5,800 VND/share. Meinfa maintains a dividend rate of 30-45% annually, with a cash dividend of 40% for 2024. Since being listed in 2011, while the stock has not traded, it still draws attention. The company manufactures and exports medical instruments, hand tools, and other equipment, with the export segment accounting for about 75% of total revenue. Meinfa plans to organize its 2025 General Assembly in early May.