CTCP May Sông Hồng (MSH) announced a plan to issue over 37.5 million bonus shares at a rate of 2:1 (50%) in 2025 to increase its charter capital from 750 billion VND to 1.125 trillion VND, funded by undistributed after-tax profits as of the end of 2024. Its revenue target for 2025 is 5.5 trillion VND, with a pre-tax profit of 600 billion VND, representing an increase of 4% and 11% compared to 2024, respectively. In Q1 2025, it recorded a revenue of 1.036 trillion VND and a pre-tax profit of 109 billion VND, up 34% and 75% year-on-year. MSH currently generates 80% of its revenue from exports to the US and faces potential cuts in orders due to tariffs; however, it maintains its financial and growth plans amid positive developments. MSH shares are currently trading at approximately 46,000 VND/share, down 11% since the beginning of the year.
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