AsemconnectVietnam - Phuong Nam Cultural Joint Stock Company (code PNC) announced that on September 26, the Company will close the shareholder list to pay dividends for 2024.

The Company will pay dividends in cash, rate 5% (equivalent to 01 share receiving VND500). Payment date is October 27.
With nearly 10.8 million shares in circulation, Phuong Nam Cultural will spend about VND5.4 billion to pay dividends to shareholders.
Tan Luc Mien Trung Trading and Service Company Limited (a subsidiary of Thien Long Group) after successfully purchasing more than 5.3 million PNC shares in the second quarter, has become the largest shareholder, holding 49.49% of PNC capital, expected to receive more than VND2.67 billion in dividends. Liksin Printing and Packaging Industry Corporation, with 15.38% ownership, also received nearly VND831 million.
Regarding Phuong Nam's business activities, in the first half of 2025, the Company achieved nearly VND290.4 billion in net revenue, up 5% over the same period, but after-tax profit decreased by 54% to nearly VND1.5 billion.
According to the explanatory document, Phuong Nam said that during the period, the Company received payment discounts from suppliers, helping financial revenue increase by 23%, reaching more than VND10 billion and other income increased by 145%, reaching nearly VND5.6 billion due to increased support payments and other income.
However, selling expenses in the period increased by 8% mainly due to increased costs of outsourcing services such as premises, electricity, water, etc. In addition, labor costs for the management department also increased by 5%, leading to increased business management costs. Due to the above factors, although revenue increased, corporate profits still decreased compared to the same period.
In 2025, Phuong Nam approved a business plan with total net revenue of VND645 billion and pre-tax profit of VND14 billion. With more than VND1.7 billion in semi-annual pre-tax profit, PNC has only completed more than 12% of the annual profit target.
N.Nga
Source: VITIC/Tinnhanhchungkhoan