HCMC – Hoang Huy Investment Services JSC, whose HHS shares are traded on the Hochiminh Stock Exchange, has decided to issue 20.83 million shares for 2023 dividend payment at a ratio of 50:3.
That means each shareholder will receive three new shares for every 50 shares held. Fractional shares, if any, will be canceled.
The firm is expected to finalize the list of shareholders eligible to receive dividends on August 2.
In 2024, Hoang Huy Investment Services aims to achieve VND450 billion in revenue, a 22.76% increase against 2023, and VND300 billion in after-tax profit, a decrease of nearly 15%.
In the first quarter of this year, the company recorded after-tax profit of VND150.26 billion, surging by nearly 113% versus the year-ago period and achieving 50% of the annual target.
Closing the trading session today, July 18, HHS inched down by 0.45% day-on-day to VND11,150 per share, with a total trading volume of over 2.89 million shares.
On the southern exchange, the VN-Index of the Hochiminh Stock Exchange gained 5.78 points, or 0.46%, against the previous day, to close at 1,274.44 points, with 285 winners and 158 losers.
More than 739 million shares worth VND19.1 trillion were transacted, plummeting by 40% in volume and 35% in value against yesterday’s session. Block deal transactions contributed VND2.6 trillion to the overall value.
Among the blue-chip stocks, PLX was the best performer as it climbed 5.6% to VND47,500 per share, with nearly 2.7 million shares changing hands.
MBB remained the most liquid stock on the market, with over 30 million shares traded.
On the northern bourse, the HNX-Index added 1.59 points, or 0.66%, at 242.29 points, with 90 advancers and 78 decliners. The total trading volume exceeded 50 million shares valued at VND957.9 billion.
