Vietnam’s Largest Container Shipping Company Declares a Total Dividend Rate of 40%

On August 8, CTCP Vận tải và Xếp dỡ Hải An (HAH) will finalize the list of shareholders entitled to a 2024 dividend at a rate of 40%, comprising 30% in stock and 10% in cash. HAH plans to distribute nearly 130 billion VND in cash dividends on August 28, marking its first cash dividend after two years. Additionally, HAH will issue approximately 40 million new shares at a rate of 10:3, increasing its charter capital to nearly 1.7 trillion VND. Currently, HAH’s shares are priced at 72,300 VND, down 14% from their peak but still up 46% year-to-date. Viconship has increased its stake in HAH to over 15.3% amid rising share prices. HAH aims for a record revenue of 4,556 billion VND and a profit of 865 billion VND for 2025. In the first half of the year, revenue reached 2,513 billion VND and profit hit 550 billion VND, both up significantly from last year. HAH’s board also approved an investment of over 92 million USD for two new large container ships to enhance transportation capabilities.

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