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With more than 4.4 million shares outstanding, the company is expected to spend about VND 9 billion on this cash dividend payment, scheduled for May 25. Hai Phong Funeral Service Joint Stock Company (UPCoM: CPH) has set May 12 as the ex-dividend date to pay the 2025 cash dividend at 20.22%, equivalent to VND 2,022 per share. Liquidity remains low due to a concentrated shareholder base, with the Hai Phong City People’s Committee holding 64.5% of charter capital, Hoang Phat Construction and Trading Joint Stock Company owning 10%, and Chairman Nguyen Hong Le holding 5.33%. The company, formerly a 100%-state-owned enterprise, was equitized on June 2, 2015 by decision of the Hai Phong City People’s Committee, with the state retaining a controlling stake. CPH operates funeral services, including funeral organization, interment, resomation, cremation, funeral transportation, cemetery management, and related products. On business results, in 2025 the company posted net revenue of VND 151 billion, essentially flat versus the prior year. Funeral services contributed VND 65.6 billion; sale of goods such as vases, stone bowls brought in 84 billion; tomb construction reached VND 1.56 billion. After-tax profit was VND 11 billion. Looking ahead to 2026, the company plans revenue of VND 130 billion and after-tax profit of VND 10 billion, down 16% and 9% respectively versus 2025. The cash dividend payout ratio is expected to stay at 18.18%.
Premium gym chains are entering a “golden era” that is ending or already in decline, as rising operating costs collide with shifting consumer preferences toward more flexible, community-based ways to exercise. Long-term memberships are shrinking, margins are pressured by higher rents and facility expenses, and competition from smaller, more personalized…
