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CTCP Cơ khí Xăng dầu (ticker: PMS) announced on April 24 that it will pay the 2025 cash dividend at a rate of 39% (3,900 đồng per share). The ex-rights date is April 23, with payment expected to begin on May 15. With more than 7.2 million shares outstanding, the company is estimated to pay about 28 billion VND in this dividend. PMS has maintained a cash dividend policy for nearly 20 years since 2005. Notably, the 39% cash dividend for 2025 is the highest in its history, exceeding the previous peak of 33% in 2016. The company originated as Xưởng Cơ khí Thống Nhất under the Ministry of Materials; it was nationalized on October 22, 1975, and later privatized in 1999, when Vietnam Oil and Gas Corporation (Petrolimex) became a major shareholder owning 35% of charter capital. Currently, Petrolimex Construction and Trading Co., Ltd. (a Petrolimex subsidiary – PLX) is the largest shareholder with 46.17% ownership and is expected to receive about 13 billion VND in this dividend. Ms. Tran Thi Hien holds about 11% of the capital, corresponding to about 3.2 billion VND in dividends. For 2026, PMS plans revenue of 1,184 billion VND and pretax profit of 32 billion VND, down 4% and 21% respectively; nonetheless, the company still plans to maintain a minimum dividend of 12%. On the stock market, PMS closed at 40,800 VND per share on April 17, with a market capitalization of about 293 billion VND.
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…
