AsemconnectVietnam - On May 26th, PetroVietnam Transportation Joint Stock Company (PV Trans, stock code PVT) announced the issuance of shares to pay dividends for 2025. The last registration date for allocation of rights is June 8th.

The total number of PVT shares issued is 469,931,235 shares. The number of outstanding shares is 469,931,235 shares.
The number of shares expected to be issued is 46,993,123 shares. The total value of the issuance at par value is VND469,931,230,000.
The exercise ratio is 100:10 (on the record date, shareholders owning 100 shares will receive 10 new shares). The capital for the issuance will come from accumulated undistributed after-tax profits as of December 31, 2025. The last registration date for allocation of rights is June 8, 2026.
Regarding business performance, PVT recently approved its 5-year business plan for the period 2026-2030 with the goal of maintaining an average consolidated revenue growth rate of 10% or more per year during this period. The aim is to have international maritime transport services account for approximately 85% of the total transport revenue. Simultaneously, the plan aims to maintain an annual dividend payout ratio of 5% to 10%, ensuring a balance between shareholder interests and the financial capacity of the Corporation.
Specifically, PVT plans for total consolidated revenue during the period 2026-2030 to reach VND92,000 billion - VND98,000 billion. Consolidated pre-tax profit is projected to reach VND8,200 billion - VND8,700 billion. Consolidated after- tax profit is projected to reach VND6,500 billion - VND7,000 billion.
Regarding the parent company's financial targets, PVT aims for charter capital in the 2026-2030 period to reach VND5,169 billion - VND9,900 billion. Revenue is projected to reach VND21,800 billion - VND23,000 billion. Pre-tax profit of the parent company is projected to reach VND3,900 billion - VND4,200 billion. After-tax profit of the parent company is projected to reach VND3,100 billion - VND3,400 billion.
To achieve these targets, the company stated that for the domestic market, it will continue to play a leading role in the transportation of crude oil and petroleum products produced by the group's units. For the international market, PVTrans will continue to build and expand its customer network in international markets, ensuring timely support for investment and fleet operation activities.
Regarding business performance, in the first quarter of 2026, PVTrans recorded revenue of VND4,177 billion, a 50% increase compared to the same period last year. After-tax profit reached over VND387 billion, an increase of approximately 40% compared to the same period last year. The company stated that this result mainly came from the addition of new vessels in 2025 and improved fleet operation efficiency.
In 2026, PVTrans aims for revenue of VND16,500 billion, pre-tax profit of VND1,500 billion, and after-tax profit of VND1,200 billion. Thus, after the first three months of the year, PVTrans has achieved 25.3% of its revenue plan and 32% of its profit plan for the year.
N.Nga
Source: VITIC/Tinnhanhchungkhoan