Quang Ngai Sugar Joint Stock Company (MCK: QNS) announced it will pay dividends for the fiscal year 2024 in cash at a rate of 20%, equating to 2,000 VND per share. The deadline for dividend registration is April 15, 2025, with payment expected on April 25, 2025. With 367.6 million shares in circulation, the total cost is about 735.3 billion VND. Earlier, the company made two cash dividend payments for 2024, each totaling 367.6 billion VND at 10% per share. At the annual shareholders’ meeting in 2025, a 40% total dividend payment for 2024 was approved, amounting to 1,470.6 billion VND. The 2025 financial plan estimates revenues of 10 trillion VND and a post-tax profit of 1.79 trillion VND, representing declines of 6% and 25% respectively from 2024. The company also approved issuing ESOP shares based on the 2025 business performance.
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