Laundry Powder Company to Distribute 65% Cash Dividend

According to the Vietnam Securities Depository and Clearing Corporation, NET Laundry Powder Company will pay a 65% cash dividend on October 15, 2025, with the registration deadline set for October 2, 2025. In 2024, NET reported a post-tax profit of 207 billion VND, a 16% increase from the previous year, although revenue fell by 8.7% to 1.653 trillion VND. Effective cost-cutting measures improved profitability, with estimated EPS reaching 9,000 VND. However, in the first half of 2025, net revenue was only 739 billion VND, down 2%, leading to a 15.3% drop in pre-tax profit to 102 billion VND, partly due to a 15.6% decline in foreign market revenue. As of June 30, 2025, total assets amounted to 1.0448 trillion VND, with around 47% in cash and short-term financial investments. Retained earnings remain high at 357.7 billion VND, ensuring the company can pay dividends and fund future investments.

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