Vietnam Exhibition and Fair Center Joint Stock Company (VEFAC) has announced to its shareholders a plan to pay a cash dividend of 330%, equivalent to 33,000 VND per share. The funding source is from a cumulative profit of over 10,350 billion VND as of June 30, 2025. With over 166.6 million shares in circulation, VEFAC plans to distribute nearly 5,500 billion VND for this dividend, accounting for about 53% of cumulative profit. Payments are expected to occur within six months after the Shareholders’ Meeting approval.
Previously, VEFAC had completed two cash dividend payments totaling 435%, amounting to 7,200 billion VND. Vingroup currently holds 83.32% of VEFAC’s shares, followed by the Ministry of Culture, Sports, and Tourism with 10%. Additionally, VEFAC intends to elect Mr. Do Quang Minh to the Board of Directors and propose new business areas. In the first half of 2025, VEFAC reported a revenue of 44,565 billion VND, with a net profit of 15,250 billion VND.
Leave a Reply