The Cao Bang Transportation Infrastructure Investment Joint Stock Company (MCK: HHV) has announced plans to issue nearly 23.7 million shares as dividends for 2024 at a ratio of 20:1, with the registration date on July 21, 2025. The total issue is valued at approximately 236.9 billion VND, and it will increase the company’s charter capital from nearly 4.7376 trillion to 4.9744 trillion VND. De Cao Group will receive an additional 291,355 shares, while BOT Hai Thach Co. will gain nearly 3.5 million shares. According to the Q1 2025 financial report, the company recorded revenue of 735 billion VND and a net profit of 173 billion VND, increasing by 51.8% year-on-year, with total assets rising to nearly 39.2608 trillion VND, an increase of 354.4 billion VND. Total liabilities were over 27.9896 trillion VND, with bank loans accounting for 67.1%.
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