AsemconnectVietnam - Saigon VRG Investment Corporation (SIP code - UPCoM) approved a plan to pay dividends and stock bonuses to double its charter capital.

Specifically, Saigon VRG Investment Corporation said September 8 is the last registration day to finalize the list of shareholders paying 2022 dividends in shares at a rate of 45% and at the same time bonus shares at a rate of 55%.
Thus, in total, Saigon VRG Investment Corporation plans to pay dividends and stock bonuses at a rate of 100%, corresponding to the ownership of 1 share of stock will receive 1 new share.
It is known that Saigon VRG Investment Corporation has a charter capital of VND909.04 billion. It is estimated that if the issuance is successful, the charter capital will double.
In terms of business activities, in the second quarter of 2023, Saigon VRG Investment recorded revenue of VND1,663.1 billion, an increase of 3.3% over the same period and profit after tax of VND263.13 billion, a slight decrease of 1.9% over the same period. Of which, gross profit margin decreased from 13% to 11.5%.
Accumulated in the first 6 months of 2023, Saigon VRG Investment recorded revenue of VND3,057.2 billion, down 1% over the same period and profit after tax recorded VND442.4 billion, down 12.2% over the same period last year.
In 2023, Saigon Investment VRG sets a business plan with a total revenue of VND5,312.5 billion, equal to 88% of the implementation in 2022 and an expected profit after tax of VND755.15 billion, equal to 75% compared to the same period last year. Thus, at the end of the first 6 months of 2023, Saigon VRG Investment completed 58.6% of the year's profit plan.
N.Nga
Source: VITIC/Tinnhanhchungkhoan