KIDO aims for 800 billion VND profit, plans 12% dividend

On June 5, 2025, KIDO Group (KDC) will hold its General Meeting of Shareholders to present its business plan aiming for a net revenue of 13 trillion VND and a pre-tax profit of 800 billion VND, significantly higher than in 2024. KIDO anticipates ongoing difficulties in the global economy but hopes for a recovery in Vietnam’s economy. In Q1 2025, KIDO reported a net revenue of 2.146 trillion VND but faced a before-tax loss of nearly 47 billion due to rising costs. Last year, KIDO failed to meet its targets with a substantial decline in profit. The company plans to distribute a cash dividend of 12% for 2024 and 10% for 2025. The meeting will also discuss the appointment of new board members.

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