Vinh Hoan Lowers Parent Company Profit Target for 2025

Vinh Hoan Joint Stock Company (stock code: VHC) has adjusted its business plan for 2025. The basic plan forecasts a revenue of VND 10.9 trillion, down 12.9% from 2024, with a projected after-tax profit of VND 1 trillion, down 18.4%. The higher scenario expects a revenue of VND 12.35 trillion, a slight decrease of 1.3%, but a profit increase of 6% to VND 1.3 trillion. Previously, Vinh Hoan projected a revenue of VND 13.8 trillion and a profit of VND 1.5 trillion for 2025. Vinh Hoan also plans to invest VND 830 billion in expansion and upgrade projects and intends to pay a 20% dividend for 2024. The annual general meeting of shareholders will take place on April 24 in Ho Chi Minh City, where shareholders will consider the resignation of a member of the Supervisory Board.

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