AsemconnectVietnam - Vietnam Apatite Phosphorus Joint Stock Company (PAT - UPCoM) has just announced the documents for the 2025 Annual General Meeting of Shareholders, which is scheduled to be held on March 27.

According to the meeting documents, with positive business results in 2024, specifically revenue reaching VND1,678.5 billion, exceeding the plan by 2.5%; profit after tax reaching VND264.9 billion, exceeding the plan by 15.1%, the Company's Board of Directors will submit a plan to increase the dividend rate from 70% to 95%.
In particular, the Company has paid cash dividends at a rate of 70%, equivalent to VND175 billion paid in the past year. Thus, with the above dividend payment plan, PAT will also pay an additional dividend in 2024 at a rate of 25%, equivalent to a payment of VND62.5 billion.
Regarding income, the average salary of employees at PAT is 22.8 million VND/person/month.
Regarding the production and business plan in 2025, PAT sets a target of total revenue of VND1,818.8 billion, after-tax profit of VND300 billion, respectively increasing by 8.3% and 13.2% compared to the results of 2024. In particular, phosphorus products will reach an output of 18,000 tons, with revenue of VND1,800 billion; phosphorus slag will reach 137,000 tons, with revenue of VND6.8 billion; Ferro phosphorus will reach 4,000 tons, equivalent to revenue of VND12 billion.
At the meeting, the Board of Directors will also present a dividend payment plan for 2025 with an expected rate of 100%.
Regarding capital construction investment, Phosphorus Apatite Vietnam plans to spend VND7 billion on the phosphorus refining system.
N.Nga
Source: VITIC/Tinnhanhchungkhoan