Super-profitable airline business of Johnathan Hanh Nguyen to pay nearly 300 billion VND in dividends

SASCO (Tan Son Nhat Airport Ground Services Corporation) is set to pay the second dividend for 2024 at a rate of 22.09% on August 5, 2025, totaling nearly 295 billion VND for about 133.5 million shares. Vietnam Airports Corporation (ACV), owning 49% of SASCO, will receive about 145 billion VND, while those connected to Chairman Johnathan Hanh Nguyen will get approximately 137 billion VND. The company had already advanced a 6% dividend in September 2024, bringing the total to a record high of 28.09% for 2024. For 2025, SASCO targets a revenue of 3.183 trillion VND and a pre-tax profit of 555 billion VND, both up from 2024. In Q1 2024, SASCO reported a revenue of 764 billion VND and a profit increase of 145%, with current share price at 44,700 VND/share and a market cap of about 6 trillion VND.

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