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Rạng Đông Lighting and Electrical Joint Stock Company (HOSE: RAL) has announced it will pay its second cash dividend for 2025 at a rate of 25%, equivalent to 2,500 dong per share, with the payment date set for May 14, 2025. With more than 23.5 million shares outstanding, the total dividend payout is expected to be nearly VND 59 billion.
The labor union, the company’s largest shareholder holding a 40.5% stake, is expected to receive the largest portion of the dividend payout.
Rạng Đông previously completed the first cash dividend tranche of 25% in September 2025. The company said the second tranche continues its established cash dividend policy.
For 2025, RAL reported revenue of about VND 6,360 billion and after-tax profit of VND 361 billion, representing declines of 24% and 39%, respectively, compared with the previous year.
The company attributed the results to rapid changes in the competitive environment, including cheaper imported goods—particularly from China—along with shifts in production methods driven by digital technology and artificial intelligence. RAL also cited strong market entry by international groups using online platforms and O2O models.
Exports were further affected by U.S. tariff policies. In addition, late-2025 natural disasters caused significant damage, including flooding at the company’s warehouse in Nha Trang, which led to substantial spoilage of goods.
Founded in 1961, Rạng Đông employs more than 2,500 people as of the end of 2025. Deputy General Director Nguyen Hoang Kien said the company is restructuring toward a technology-enabled solutions business, offering standalone products as well as integrated systems with centralized management to optimize operations.
In Q1, RAL reported revenue of over VND 1,795 billion, up 17.5% year-on-year, while net profit increased to VND 131.6 billion, up 16.4% year-on-year.
The company supplies LED lighting products, smart electrical devices, and solutions for Smart Indoor, Smart City, Smart Farm, and other energy-saving and environmentally friendly designs. It also reported stronger contributions from project work (+174%), e-commerce (+27%), and exports (+91%) versus the same period.
After a sharp slowdown in April–May 2025, RAL’s stock price closed at VND 85,600 per share on May 11, 2026, the lowest in roughly three years.
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