PV Drilling Corporation (stock code: PVD) announced it will pay dividends for 2024 in cash at a rate of 5%, equivalent to 500 VND/share. The deadline for registration is October 1, 2025, with payment expected on October 17, totaling about 278 billion VND from undistributed after-tax profits. The company will also gather shareholders’ opinions on matters related to the Board of Directors.
In the first half of 2025, PVD reported revenue of 3,950 billion VND, down 2.2% year-on-year. However, net profit rose by 40% to 394 billion VND due to reduced financial costs. For 2025, PVD aims for consolidated revenue of 7,200 billion VND and net profit of 530 billion VND, down 25% and 24% respectively compared to the previous year. Meanwhile, PVD shares remained in the green amidst market adjustments, rising by 3% to 23,400 VND before a slight dip.
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