Top Dairy Company with High Market Capitalization Plans to Pay Dividends of 50-80% for 2025 and Buy Back Shares Worth Over 600 Billion VND

The International Dairy Products Joint Stock Company (IDP) announced its 2025 business plan aiming for revenue of 8.4 – 8.8 trillion VND, a 10-14% increase compared to 2024. However, the projected after-tax profit is only 360-440 billion VND, a decrease of 50-59%, due to a 5.3% drop in profit in 2024 and fierce competition increasing costs. IDP also announced a dividend of 50% for 2024, equating to 5,000 VND per share. For 2025, dividends are expected to be between 50-80%. Additionally, IDP plans to repurchase up to 3 million shares, costing around 600 billion VND at the current price of 211,000 VND per share.