The Board of Directors of Saigon Cargo Service Joint Stock Company (SCSC) has approved the list of shareholders to pay remaining dividends for 2024 at a rate of 30% (3,000 VND/share), with a projected total payout of 284.5 billion VND. The record date is September 3, 2025, and payment is expected on September 15, 2025. SCSC will also solicit shareholder opinions on launching a stock issuance to increase capital under the 2025 ESOP program. According to Q2 2025 financial reports, revenue reached 292 billion VND (up 10%), and net profit was 189 billion VND (up 11% from the previous quarter). However, net profit remains flat year-on-year due to a corporate income tax rate increase to 20%. In the first six months of 2025, consolidated revenue recorded 558 billion VND (up 17%) and net profit reached 359 billion VND (up 7%). SCSC is preparing to cooperate with Airports Corporation of Vietnam to operate the cargo terminal at Long Thanh airport, expected to open on December 19, to meet cargo transportation demand and relieve pressure from Tan Son Nhat airport.
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