Idico Completes Issuance of Nearly 49.5 Million Shares for Dividend Payment

Idico Corporation has successfully completed the issuance of nearly 49.5 million shares to pay dividends for the year 2024, with a 100:15 ratio. By August 15, 2025, the company distributed shares to 11,245 shareholders, totaling nearly 495 billion VND. The number of outstanding shares will increase from approximately 330 million to nearly 379.5 million shares, raising the charter capital from 3.3 trillion to nearly 3.795 trillion VND in September 2025. Concurrently, Deputy General Director Phan Van Chinh has resigned, effective September 1, 2025. Moreover, foreign fund Dragon Capital sold nearly 3 million IDC shares, reducing their ownership to 4.41%. Regarding financial results, Idico reported a 17.9% decline in Q2 2025 revenue, totaling 1.763.2 trillion VND; net profit was 416 billion VND, down 28.8%. For the first six months of 2025, total revenue reached 3.556.7 trillion VND, a drop of 22.9%.