AsemconnectVietnam - On April 12, PetroVietnam Transportation Joint Stock Company (PVTrans, code PVT - HOSE) will finalize the list of shareholders to pay 2021 dividends in shares.

Accordingly, PVTrans plans to issue nearly 32.4 million additional shares to pay dividends at the ratio of 100:10, meaning shareholders owning 100 shares will receive 10 new shares. Issuance source from undistributed after-tax profits in 2021. After issuance, the Company will increase charter capital to more than VND3,560 billion.
In addition, PVTrans plans to hold the 2024 Annual General Meeting of Shareholders on April 15, at Lotte Legend Saigon Hotel, 2A-4A Ton Duc Thang, Ben Nghe Ward, District 1, Ho Chi Minh City.
According to the recently announced congress documents, PVTrans will approve the 2024 production and business plan with the target of total consolidated revenue of VND8,800 billion, consolidated pre- and after-tax profits of VND950 billion and VND760 billion, respectively.
Regarding parent company targets, PVT plans total revenue of VND2,800 billion, pre- and after-tax profits of VND560 billion and VND458 billion, respectively.
In 2023, PVTrans recorded impressive business results with consolidated revenue reaching VND10,135.5 billion, exceeding 49% of the set target; Profit after tax reached VND1,221.5 billion, exceeding 1,275 targets.
N.Nga
Source: VITIC/Tinnhanhchungkhoan