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Hoa Phat Group Joint Stock Company (HPG) has announced the record date to exercise the rights to pay 2025 cash dividends. Specifically, the final registration date to determine the shareholder list is May 12, 2026, and Hoa Phat plans to pay from June 3, 2026. The payout rate is 5%, meaning each share will receive 500 dong. With 7.67 billion shares outstanding, HPG expects to distribute about 3.8 trillion dong in cash as a dividend. This will be the first time Hoa Phat shareholders receive cash dividends in four years, since the 5% cash dividend earlier in 2021. In parallel, Hoa Phat will also implement a plan to pay 2025 dividends consisting of 10% in stock, equivalent to issuing 767,546,585 shares. According to the 2025 annual report, the number of shareholders and investors holding HPG shares is about 300,000, up sharply from over 160,000 in 2023 and over 190,000 in 2024 (an increase of about 140,000 and 110,000 respectively). This is the highest figure on the stock exchange. At the annual general meeting held on the morning of April 21, shareholders approved a very ambitious 2026 business plan with revenue target of 210,000 billion dong and after-tax profit of 22,000 billion dong, up 35% and 42% respectively from the previous year. The revenue plan is supported by the steel sector – typically accounting for more than 90% of revenue and over 80% of group profits – reaching a new milestone, as the Dung Quất 2 project has been completed and has products from September 2025. In the first quarter, Hoa Phat's revenue reached over 53,300 billion dong, up 40% year-on-year. After-tax profit exceeded 9,056 billion dong, corresponding to 41% of the 2026 profit target. As of the close on April 29, HPG stock traded at 27,750 dong per share.
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…
