Lof International Dairy (IDP) reports 130% profit growth in Q1/2026, to pay 100% cash dividend
Tuesday, June 16,2026
AsemconnectVietnam - On June 22nd, Lof International Dairy Joint Stock Company (IDP – UPCoM) will finalize the list of shareholders for a cash dividend payment at a rate of 100%, meaning shareholders owning one share will receive VND10,000.
The company will pay the 2025 dividend at a rate of 80% and an interim dividend for the first quarter of 2026 at a rate of 20%. Thus, with over 61.8 million shares outstanding, Lof International Dairy will have to spend approximately VND618 billion to pay dividends to existing shareholders. The dividend payment is expected on July 3rd.
IDP is a company that consistently maintains a very high cash dividend payout ratio for its shareholders. At its recent annual general meeting, Lof International Dairy approved a dividend distribution plan for 2025 with an expected rate of 50-80%. For 2026, the company plans to distribute dividends at a rate of 20-80%, depending on its performance and financial situation in the coming period.
Notably, Lof International Dairy recently announced its Q1/2026 financial report with impressive results. Specifically, the company recorded net revenue of over VND1,900 billion, a slight increase of nearly 4% compared to the same period last year; while expenses decreased significantly, resulting in after-tax profit of VND244 billion, a growth of 130%.
In 2026, the company plans consolidated revenue of over VND8,300 billion, an increase of 11.7%; after-tax profit is expected to be nearly three times higher than the previous year, reaching VND700 billion. Thus, after 3 months, IDP has achieved 23% of its revenue target and 35% of its profit target for the whole year.
N.Nga
Source: VITIC/Dau tu Chung khoan
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