Brand Owner of Con Tho Battery Prepares for Large Dividends

Hanoi Battery Corporation (PHN code) will pay an interim dividend of 20% for 2025, amounting to 2,000 VND per share. The record date for shareholders is June 16, with payment expected from June 24, 2025, totaling approximately 14.5 billion VND for 7.25 million shares. The company has also approved a 2025 dividend plan of 50%. Hanoi Battery, known for its Con Tho brand, consistently pays dividends yearly from 20% to 37% since its listing in 2019. In 2025, revenue is predicted to reach 491 billion VND with a pre-tax profit of over 54 billion VND, but profit is expected to decrease by 26% compared to the previous year. Revenue in the first three months of 2025 decreased 11% year-on-year, reaching 115 billion VND, meeting only 27% of annual profit targets. PHN shares closed at 72,000 VND per share on June 3.

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