The Vietnam Rubber Industry Group (GVR) will hold its Annual General Meeting of Shareholders on June 17, 2025. GVR aims for a revenue target of 31.044 trillion VND and a post-tax profit of 4.974 trillion VND for 2025, representing an 8% and 3% increase from the previous year, respectively. In 2024, the company recorded a revenue of 28.739 trillion VND and a pre-tax profit of 5.606 trillion VND, achieving 115% and 137% of its plan. GVR’s Board of Directors proposes to raise the cash dividend for 2024 from 3% to 4%, equaling 1.6 trillion VND, and earmark an additional 704 billion VND for its development fund. The company assured that it has sufficient resources to pay dividends and meet investment and debt obligations. Planned spending on development investments this year is projected to reach 6.884 trillion VND, an 11% rise from 2024. The Board will also discuss the dismissal of board member Tran Ngoc Thuan.
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