Seafood firm Vĩnh Hoàn to pay dividend in shares

HÀ NỘI — The Đồng Tháp Province-based Vĩnh Hoàn Company (VHC), the largest tra fish exporter in Việt Nam, plans to issue nearly  九 一 million shares to pay a  二0 一 九 dividend.

The shares will be issued at the ratio of  一: 一, which means a shareholder who owns one share will receive an additional share.

The source of dividend payout will come from the company’s undistributed post-tax profit as of December  三 一,  二0 一 八.

VHC’s undistributed post-tax profit reached VNĐ 三. 一 trillion (US$ 一 三 四 million) at the end of  二0 一 八.

In the first nine months of this year, VHC achieved VNĐ 七 一 八 billion in pre-tax profit, down  五 五 per cent compared to the same period last year.

In the fist  一0 months of this year, the company’s export turnover reached $ 二 二 九 million, down  一 六. 六 per cent year-on-year, lower than the same period in  二0 一 七. — VNS