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On March 27, the Board of Directors of Hoa Phat Agriculture Development Joint Stock Company (ticker HPA) issued a resolution approving important items to be presented to the 2026 Annual General Meeting of Shareholders. Accordingly, the company sets a business plan for 2026 with expected revenue of 7,200 billion VND and after-tax profit of 1,005 billion VND, representing declines of 18% in revenue and 37% in net profit against 2025 results. Along with these financial targets, Hoa Phat Agriculture also plans to pay a dividend for 2026 of 30%. In 2025, the audited consolidated financial statements recorded after-tax profit of over 1,600 billion VND. Based on this performance, the company paid a interim 2025 cash dividend of nearly 947 billion VND, corresponding to a rate of 35.464% in Q2 and Q3 2025. The Board is currently proposing to pay the remaining portion of the 2025 dividend at 21% cash, equivalent to 598.5 billion VND, expected to be implemented within six months from the date shareholders approve. In addition, compensation and reserve fund policies have been clarified, including a maximum 5% of after-tax profit for welfare and a maximum 5% of the profit above plan for management compensation. Finally, remuneration for the Board of Directors and the Supervisory Board in 2026 is proposed at a maximum of 1% of the actual after-tax profit for the year.
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