Pinaco (PAC) announced a second dividend payment for 2024 at 10% (1,000 VND/share), totaling over 46 billion VND. The list of shareholders will be closed on June 24, with payment expected on July 15. The company will also issue bonus shares at a 50% ratio, corresponding to 23.3 million new shares, increasing charter capital to 697 billion VND. Pinaco is currently the exclusive battery supplier for VinFast, with revenue from this contract reaching 100 billion VND, doubling from last year. In 2024, Pinaco’s revenue reached 3.205 trillion VND, pre-tax profit of 164 billion VND, with an overall dividend expected at 15% for this year. The company aims for 4 trillion VND in revenue and 165 billion VND in profit for 2025.
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