Phosphate Apatit Vietnam Company (PAT) has announced a dividend plan for 2024 at a rate of 95%, an increase of 25% from the previous plan of 70%. The company will need to allocate an additional 62.5 billion VND for this dividend after already disbursing 175 billion VND at the 70% rate. PAT is known for its high dividend rates, having disbursed 100% in 2022 and 106.55% and 90% in 2023. For the 2025 business plan, PAT aims for a revenue of 1,818.8 billion VND, with an anticipated net profit of 300 billion VND, up 13.2% from 2024. The dividend for 2025 is projected to be 100%. The Board of Directors will also present a proposal to dismiss and supplement members of the Board during the upcoming meeting.
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