HCMC — Binh Dinh Pharmaceutical and Medical Equipment JSC (Bidiphar) has announced that it will on June 30 finalize the list of shareholders eligible for its 2024 cash dividend payment at 20%, equivalent to VND2,000 per share.
With over 93.5 million outstanding shares, the firm will pay over VND187 billion. The payment is scheduled for July 31.
The company initially planned to pay dividends in shares but switched to a cash payment following shareholder feedback at its annual general meeting.
Bidiphar also approved the issuance of up to 1.12 million shares under an employee stock ownership plan, equivalent to 1% of its outstanding shares. The shares will be subject to a four-year transfer restriction.
The board of directors approved the ESOP allocation earlier this month. General Director Pham Thi Thanh Huong and Deputy General Director Nguyen Ngoc Dung will get 237,700 and 118,800 shares, respectively, the largest allocations.
In the first quarter of 2025, Bidiphar reported revenue of VND457.5 billion, up 15% year-on-year. Its pre-tax profit rose 20.6% to VND95.5 billion.
The company has set a 2025 revenue target of VND2 trillion, a 10% increase from 2024, and a pre-tax profit target of VND335 billion, up 3.27%. It plans to pay a minimum dividend of 20%.
As of the end of Q1, Bidiphar had achieved 22.9% of its full-year revenue target and 28.5% of its profit goal.
Closing the trading session today, June 23, its DBD shares edged up 0.35% over the previous session to VND56,700.
Vietnam’s benchmark VN-Index rose 8.83 points, or 0.65%, to 1,358.18 at the close today, buoyed by the strong performance in the real estate and energy sectors, particularly from Vingroup subsidiaries VIC and VHM.
On the Hochiminh Stock Exchange, 120 stocks advanced while 205 others declined. Total trading volume reached nearly 854.3 million shares worth around VND21.75 trillion, slightly higher in volume but lower in value than in the previous session. Block deals contributed about 51.5 million shares worth over VND1.56 trillion.
The VN30-Index, which tracks the 30 largest-cap stocks, gained more than 13 points to 1,448.32 points despite having more decliners (18) than gainers (12). Vingroup stocks led the upward trend, contributing over 9.3 points to the VN-Index.
VIC hit its ceiling price, rising 6.9% to VND92,800 per share, with 3.87 million shares traded. VHM rose 5.4% to VND74,000 with nearly 5.4 million shares traded. Foreign investors net bought over 700,000 shares in both stocks.
Other notable gainers included energy stocks, with GAS up 4.5% and PLX climbing 2.7%. Bluechips such as BCM, GVR, MWG and BVH posted increases of between 1.2% and 2.6%.
On the downside, losses among bluechips remained modest, mostly under 1%. Air carrier VJC led the decline, falling 1.4%.
Real estate stocks performed well, driven by gains in both large-cap and industrial park developers. Alongside VIC and VHM, stocks such as PHR and SZC surged 6.1% and 5.9% respectively, while SIP added 4.9%.
Energy stocks followed, advancing more than 2.1%, with PVD rising 3.1% and BSR up 2.2%, in addition to the strong performance of GAS and PLX.
In contrast, securities stocks were among the day’s laggards. Liquidity remained high in this group, with VIX leading the sector with 22.3 million shares traded, though it edged down 0.8%. HCM and VND followed, losing 1.6% and 1.8%, respectively, on volumes of 20 million shares each.
Bank stocks showed a mixed trend. SHB dipped 0.8% but led the market in trading volume with over 42.3 million shares. MBB edged up 0.4% on 23.7 million shares traded, while TCB and VPB slipped around 0.5%, each with more than 18 million shares changing hands.
On the Hanoi Stock Exchange, a rebound in HNX30 stocks helped lift the market. The HNX-Index added 0.35 points, or 0.15%, to close at 227.42 points, with 61 winners and 90 losers. Trading volume on the northern exchange reached 91.1 million shares with a total value of nearly VND1.8 trillion.
