The Tan Cang Warehousing Joint Stock Company (TCW) will finalize its shareholder list for paying a cash dividend at a rate of 23% for 2024, equivalent to 2,300 VND per share, on June 19, 2025. The total payout will be approximately 46 billion VND for nearly 20 million outstanding shares. Tan Cang Corporation, holding 59% of TCW’s capital, expects to receive over 27 billion VND in dividends. TCW has a tradition of regular dividend payments, with the 23% in 2024 being the highest in four years, though lower than the 26% in 2020. In 2024, TCW reported total revenue of 1.06 trillion VND and after-tax profit of 103 billion VND, increases of 14% and 6% year-on-year, respectively. For 2025, the company anticipates challenges like fierce competition, price fluctuations, and natural disasters, and thus sets cautious business plans aiming for 1.136 trillion VND in revenue and 109 billion VND in profit, representing a growth of 6-7%. On June 10, TCW’s shares were priced at 33,800 VND each.
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