Quế Phong Hydropower Joint Stock Company (stock code: QPH) has issued a ballot for shareholders regarding the cash dividend payment for the supplemental year 2025 at a rate of 100%, equivalent to 10,000 VND per share. The total estimated payout is about 185.8 billion VND. Previously, QPH announced a record high cash dividend of 40% (4,000 VND/share) for 2024, double the consistent rate of 20% over the past eight years. By the end of 2024, the largest shareholders of QPH were the parent company, Trung Sơn Corporation, and member of the board Lê Thái Hưng. According to financial reports, in the first half of 2025, the company recorded a revenue of 55.6 billion VND (up 15%) and a net profit after tax of 33.5 billion VND (up 5%). QPH has achieved nearly 44% of its revenue target and over 60% of its profit target. The company was formed through the investment appeal for hydropower projects and currently has a charter capital of 150 billion VND, with several active hydropower projects.
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