HCMC – Binh Thanh Import – Export Production & Trade JSC (Gilimex) announced to issue more than 31.65 million shares for dividend payment for fiscal 2023.
The company plans to offer a stock dividend of 45.25%, which means shareholders will get 45.25 new shares for every 100 shares held.
The issue, worth over VND316.5 billion, will be funded by the earnings the company had retained by December 31, 2023, according to its audited earning report.
The distribution is expected to take place in the third or fourth quarter of 2024, pending approval from the State Securities Commission.
Gilimex’s first-half revenue was VND366.6 billion, down by 13.9% over the same period last year. However, the company reversed its loss of VND44.3 billion in the first half of 2023 to post VND8.8 billion in profit in 2024.
The company attributed the improved results to a shift in its product portfolio and contributions from its industrial real estate business.
Closing the trading session today, September 20, its GIL shares extended their winning streak to the fourth consecutive session with a 0.97% increase to VND31,200, with a trading volume of 351,100.
The VN-Index of the Hochiminh Stock Exchange moved sideways at the close, up merely 0.77 point, or 0.06%, to 1,272.04 points, with 224 winners and 185 losers.
Trading volume and value on the southern market surged 47.8% and 52.7% over the session earlier, respectively. Nearly 900 million shares worth VND21.8 trillion changed hands.
The VN30 basket, which tracks the 30 largest-cap stocks, saw 16 bluechips advancing and 11 others dipping. The VN30-Index gained 7.59 points, or 0.58%, to end at 1,326 points.
VIC and VCB fell by over 1%, dragging the index down by 1.7 points. Most other stocks saw minor declines of less than 0.5%.
ACB rose by 3.4% to VND25,650 per share, with over 34.31 million shares traded. HPG, SAB, TCB, MBB and PLX edged up between 1.4% and 1.6%.
VPB took the lead by liquidity on the southern bourse with over 52.2 million shares changing hands. It advanced by 1.07% to VND18,950 per share.
The HNX-Index added 0.53 point, or 0.23%, to close at 234.3 points, with 84 advancers and 86 decliners. There were 57 million shares worth VND1.21 trillion being traded on the northern market.
