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PNJ spends nearly VND470 billion to pay dividends for the second period of 2023, at a rate of 14% 

 Thursday, September 26,2024

AsemconnectVietnam - On October 3, Phu Nhuan Jewelry Joint Stock Company (PNJ - HOSE) will close the list of shareholders to pay dividends for the second period of 2023 in cash at a rate of 14%, equivalent to shareholders owning 1 share will receive VND1,400.

With more than 334 million shares in circulation, PNJ will have to spend nearly VND470 billion to pay dividends to existing shareholders. The ex-rights trading date is October 2, the expected dividend payment date is October 16.
Previously, in mid-April, PNJ made an interim payment of dividends for the first period of 2023 in cash at a rate of 6%. Thus, the total dividend payment in 2023 over 2 periods is 20%, as planned by the Company at the 2024 Annual General Meeting of Shareholders.
This year, PNJ continues to plan to maintain the dividend payment of 20%, and at the same time approves the business target with revenue of VND37,147 billion, an increase of 12% compared to 2023; profit after tax is expected to increase by 6% to VND2,089 billion, all of which are record numbers for this enterprise.
Recently, PNJ announced its business results for the first 8 months of 2024 with net revenue reaching VND26,866 billion, an impressive growth of 27.2% over the same period last year; profit after tax increased by 2.8%, reaching VND1,281 billion. Accordingly, by the end of August, PNJ had completed 72.3% of the annual net revenue plan and more than 61.3% of the profit plan.
N.Nga
Source: VITIC/Tinnhanhchungkhoan
 

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