Vinamilk (stock code VNM) has just held its annual general shareholders’ meeting, announcing a revenue plan for 2025 to reach 64.505 trillion VND, up 4.3% and after-tax profit target of 9.680 trillion VND, up 2.4%. In 2024, the revenue reached 61.824 trillion VND and profit was 9.453 trillion VND, both increasing compared to 2023. The Board of Directors decided to raise the dividend for 2024 to 43.5%, equivalent to 4,350 VND/share, an increase of 5% from the initial level. The remaining dividend for 2024 is 23.5%. For the 2025 dividend, it will be at least 50% of the consolidated after-tax profit plan. Vinamilk will also reverse the investment development fund and stop contributions from 2025 to be more flexible in using capital. Besides, two Board members resigned and replacements are being elected.
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