Large profit in the first half of the year, a company pays a 25% cash dividend

Taseco Airs has announced a 25% cash dividend for 2025, amounting to 2,500 VND per share. With 45 million shares outstanding, the payout will total approximately 112.5 billion VND, funded by undistributed after-tax profits as of June 30, 2025. The record date is set for October 17, 2025, with payment expected on October 24, 2025. Taseco Airs provides various airport services and owns a 29.29% stake in VINACS, which produces inflight meals with a capacity of 20,000 meals per day. Additionally, it manages a 4-star hotel in Da Nang. The company’s consolidated revenue for the first half of 2025 reached 778.6 billion VND, a 20% increase, while after-tax profit was 151.3 billion VND, up 163% year-on-year due to increased passenger volume and business expansion. The AST stock has surged nearly 50% in the past 6 months, rising from 50,000 to 73,800 VND.