TMC, DBC, CNG, SDC announce dividends payout

Thu Duc Trading & Import Export JSC (TMC), Dabaco Group (DBC), CNG Vietnam Joint Stock Company (CNG), and Song Da Consulting Joint Stock Company (SDC) announced dividends payment as follows:

TMC will advance dividends for the second term of 2013 in cash at a ratio of 4 percent in January next year. In the first eleven months, TMC posted revenue of VND2.05 trillion, and pre-tax profit of VND17.9 billion, achieving 93.2 percent and 89.6 percent of this year’s plan, respectively.

DBC will close the list of shareholders on December 31 to advance dividends for 2013 in cash at a ratio of 12 percent on April 4, 2014. This year, the company set its revenue target at VND7.5 trillion, post-tax profit at VND208.7 billion, and dividend payout ratio at 12 percent.

CNG approved to advance dividends for the first term of 2013 in cash at 15 percent in January 2014. Thus, CNG will have to spend VND40.5 billion for this dividends payout. This year, the company’s dividend payout ratio is expected to be at 35 percent.

In the first nine months, CNG got revenue of VND709 billion, and net profit of VND94.6 billion, up 24.8 percent, and 3.4 percent year-on-year, respectively.

SDC will close the list of shareholders on December 26 to pay dividends for 2012 in cash at a ratio of 10 percent on January 10, 2014.

Source: Dau Tu Tai Chinh – Translated by Thuy Doan

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