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Hoa Phat Group Joint Stock Company (HPG, HOSE) has announced May 26, 2026 as the record date for shareholders to exercise rights to receive its 2025 dividend in the form of shares. The company also set May 12, 2026 as the record date for the cash dividend payment, with payment scheduled for June 3, 2026.
Under the share dividend plan, Hoa Phat will issue more than 767.5 million shares at a 100:10 rights ratio, meaning shareholders holding 100 shares will receive 10 new shares. The total par value of the issuance is about 7,675.5 billion dong, sourced from undistributed after-tax profits based on the audited 2025 financial statements.
If the stock issuance is completed, Hoa Phat’s charter capital is expected to increase from about 76,754.7 billion dong to more than 84,430 billion dong.
For the cash dividend, Hoa Phat will close the shareholder list on May 12, 2026. The dividend rate is 5%, equivalent to 500 dong per share. The payment date is June 3, 2026.
The company expects to pay more than 3,837.7 billion dong in cash at par value, funded from undistributed after-tax profits from the audited 2025 financial statements.
These dividend plans were approved by Hoa Phat’s shareholders at the annual general meeting held on April 21, 2026. At the same meeting, shareholders approved the 2026 production and business plan, including revenue of 210,000 billion dong and after-tax profit of 22,000 billion dong, up 35% and 42% respectively from 2025.
By the end of Q1 2026, Hoa Phat reported revenue of over 53,312.9 billion dong from selling goods and providing services, up 40.5% year-on-year. After-tax profit reached more than 9,055.9 billion dong, 2.7 times higher than the same period last year.
As a result, the company had completed 25.4% of its revenue target and 41.2% of its profit target by the end of the first quarter.
As of March 31, 2026, Hoa Phat’s total assets increased by more than 1,428.3 billion dong year-to-date to over 259,327.5 billion dong. Fixed assets were about 134,574.4 billion dong (51.9% of total assets), while inventories were about 43,515.6 billion dong (16.8% of total liabilities).
Total liabilities stood at over 119,545.7 billion dong, down 5.6% from the start of the year. Borrowings and financial lease obligations were about 90,617 billion dong, accounting for 75.8% of total liabilities.
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