•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
Safoco Foodstuff Joint Stock Company (ticker SAF) has announced April 24 as the record date to determine shareholders eligible for its 2025 cash dividend. The ex-dividend date is April 23, and the company expects to pay the dividend on May 8.
Under the approved plan, SAF will pay a 30% cash dividend, equivalent to 3,000 VND per share. The total dividend value is expected to exceed 36 billion VND.
Major shareholders are expected to receive the following amounts: Southern Foodstuffs Corporation – JSC (UPCoM: VSF), which holds 51.3% of charter capital, is expected to receive more than 18.5 billion VND. Việt Value Investment Management Co., Ltd., with a 24.59% stake, is expected to receive nearly 9 billion VND. Ms. Pham Thi Thu Hong, a member of the Board of Directors and General Director holding 14.09%, is expected to receive more than 5 billion VND.
Alongside the dividend announcement, SAF implemented a management change. The company dismissed Ms. Pham Lien Huong from the Supervisory Board for the 2023–2027 term and appointed Mr. Nguyen Hoa Hiep to replace her for the remainder of the term, effective from April 10, 2026.
SAF also approved its 2026 business plan, projecting sales of 14,200 tons, total revenue of 750 billion VND, and pre-tax profit of 62 billion VND. The company stated that the dividend rate will be maintained at 30%.
In its operational outlook, SAF said 2026 will continue to face challenges, including higher input costs driven by geopolitical developments, foreign exchange pressure, interest rate levels, and demand conditions. Despite these headwinds, the company reported double-digit year-on-year growth in Q1 2026, supported by factors including a continued focus on the domestic market, which accounts for 70–80% of total output.
As of the close on April 17, SAF shares traded at 55,500 VND per share, with a market capitalization of about 668 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…
