AsemconnectVietnam - Saigon - Hanoi Securities Corporation (HNX: SHS) has just announced documents for the 2025 Annual General Meeting of Shareholders, which is scheduled to be held on the afternoon of April 10, 2025.

According to the content announced in the document, in 2025, SHS targets revenue of VND2,519.8 billion and pre-tax profit of VND1,600.6 billion; corresponding to an increase of 26.1% and 29.2% compared to 2024.
SHS's Board of Directors assessed that in 2025, the world economy will be stable but there will be unpredictable risks due to factors such as Donald Trump's tax increase policy, interest rates from the Fed, retaliatory tariffs from partners...
Meanwhile, the economic situation in Vietnam will be more positive with growth momentum coming from the policy of boosting public investment and the recovery of domestic demand, along with the manufacturing industry continuing to take advantage of the wave of shifting to diversify the global supply chain.
2025 is the final year of the 2021 - 2025 plan and the Government plans a record public investment of VND791,000 billion, an increase of 44% compared to the implementation of 2024. Along with that, credit growth is also targeted at about 16% to support investment activities.
However, there are still risks that Vietnam may encounter such as the growth momentum of the world economy not as expected, the risk of being taxed on exported goods and pressure on domestic exchange rates from the US.
In other developments, the stock market is forecast to have strong fluctuations and the VN-Index may fluctuate in the range of 1,394 - 1,420 points, with an average trading value of VND23,100 - 25,200 billion per session.
In addition to business targets, the SHS Board of Directors proposed to issue 5 million shares under the Employee Stock Ownership Plan (ESOP) at a unit price of VND10,000/share. These shares will be restricted from transfer for 1 year. The expected implementation time is in 2025.
Regarding the 2024 profit distribution plan, SHS plans to set aside a reward fund of VND10 billion, a welfare fund of VND30 billion and pay cash dividends at a rate of 10% (VND1,000/share), equivalent to a scale of more than VND813 billion.
Also in the shared document, the Board of Directors submitted a plan to change the head office location from floors 1-5 of Unimex Hanoi Building, No. 41 Ngo Quyen Street to No. 43 Ly Thuong Kiet Street, Hang Bai Ward, Hoan Kiem District.
N.Nga
Source: VITIC/Tinnhanhchungkhoan