Hà Giang Mechanical and Mineral Resources Joint Stock Company (HGM) announced that on March 20 it will close the shareholder list to pay the third 2025 cash dividend at 88%, equivalent to 8,800 VND per share. Payment is scheduled for April 9. With 12.6 million shares outstanding, the payout is expected to be nearly 111 billion VND. In the current shareholder structure, the State Capital Investment and Management Corporation (SCIC), which holds 46.64% of the capital, will receive about 52 billion VND, while DP International Company Limited, holding 7.95%, will receive about 9 billion VND.
Previously in 2025, HGM completed two interim cash dividends totaling 45% and 85%. If the upcoming payment is included, the total dividend yield for 2025 to shareholders would reach 218%, well above the minimum 50% approved by the General Meeting of Shareholders.
HGM has a long-standing tradition of paying cash dividends. Since listing on the Hanoi Stock Exchange (HNX) in 2009, the company has never failed to distribute cash dividends. In 2024, the company paid a total of 138% across three installments, far exceeding the initial plan of 15%.
The strong dividend payout comes as HGM’s 2025 business results show robust growth. For the full year, net revenue reached 695 billion VND, up 87% year-on-year. Most revenue came from Antimony exports with 685 billion VND, up 94%, while domestic Antimony revenue surpassed 10 billion VND, down 39%.
Thanks to the export surge, gross profit reached nearly 580 billion VND, up 140% from the previous year. Notably, gross margin improved from 65.3% in 2024 to 83.5% in 2025. As a result, the full-year net profit hit a record 476 billion VND, up 157% from 185 billion VND in the prior year.
HGM’s flagship product is Antimony metal, a strategically important mineral demanded by many countries such as Canada, the United States, the European Union, and the United Kingdom. Antimony is considered a strategic metal used in military applications such as ammunition and missiles, and as a component in lead-acid batteries for cars and brake systems due to its high-temperature resistance.
Additionally, Antimony is widely used in high-tech sectors as a key material for semiconductors, PCBs, switches, phosphor glass, high-quality glass, and lithium-ion batteries. Many familiar products like smartphones, high-resolution TVs, modern appliances, and cars rely on this metal.
In the
stock market, at the close of trading on March 13, HGM stock was 209,500 VND per share, giving the company an estimated market capitalization of about 2.6 trillion VND.
