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Wednesday, October 15, 2025

Viettel Construction to pay 21.5% dividend for 2024

The Saigon Times

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HCMC – Viettel Construction JSC (HOSE: CTR) said it will pay nearly VND246 billion in cash dividend for 2024 at 21.5%.

The record date for shareholders is October 1 and payments will begin on October 15, the company said. Shareholders will get VND2,150 for every share held. With more than 114 million outstanding shares, the payment will exceed VND246 billion.

In July this year, the company’s revenue rose 17% year-on-year to VND1.32 trillion, while pre-tax profit increased 17% to VND67 billion. Profit slipped from June due to higher financial costs from short-term borrowing.

For the first seven months of the year, its revenue reached VND7.33 trillion, up 8% from a year earlier. Pre-tax profit rose 11% to VND402.4 billion.

Operations and maintenance contributed VND3.43 trillion, or 46% of revenue, followed by construction with VND2.4 trillion, or 34%.

By the end of July, the company had achieved 52% of its annual revenue target and 56% of its profit goal.

Closing the trading session today, September 15, CTR jumped 3.82% over the previous session to VND92,500, with a trading volume of 782,800 shares.

Vietnam’s benchmark VN-Index closed higher on Monday, backed by seafood, port, and bank stocks, with trading value and volume both increasing sharply against the previous session.

The VN-Index advanced 17.64 points, or 1.06%, to 1,684.9, with 238 winners and 76 losers on the Hochiminh Stock Exchange. Trading volume reached 1.11 billion shares worth VND33.7 trillion, up more than 11.5% in both value and volume from September 12. Block deals accounted for 120.6 million shares valued at VND3.38 trillion.

The VN30-Index, which tracks the 30 largest-cap stocks, rose 11.3 points to 1,876.75 points, with 22 tickers advancing and six others dipping.

Real estate developer VHM extended losses but narrowed its decline to 0.9%. In contrast, lender BID gained 3.1% to close at its intraday high of VND42,200. Other large caps, including MSN, BCM, and CTG, rose between 2.4% and 2.9%.

Mid- and small-cap stocks also attracted strong demand. HVN, VIX, IDI, TEG, and JVN hit ceiling prices.

Seafood shares performed well, with VHC and IDI both closing at their daily upper limits on trading volumes of over four million shares each. ABT rose 6.8%, ASM gained 5.6%, FMC climbed 4.6%, and CMX added 3.8%.

Port operators and public investment stocks also advanced. GMD touched its ceiling before closing up 6.7%, VSC rose 4.3%, and HAH gained 3.1%. Construction firm VCG surged to skirt its ceiling at VND28,600, with more than 30.3 million shares changing hands. FCN, HHV, and LCG added 3.6% to 4.6%.

Investor interest also extended to real estate, industrial park, construction, and materials stocks. KSB hit the ceiling for a second session with 5.4 million shares traded. DIG rose 2.4% with 21.6 million shares traded, while IJC climbed 4.7% on a volume of over 21 million. Tire makers CSM and SRC gained over 6.5% each, while DRC advanced nearly 2%.

Bank stocks saw broad gains, with only VPB, HDB, and MSB edging down slightly. VCB returned to its reference price, while most others advanced. SHB rebounded 1.4% to VND17,800 on the day’s highest liquidity of nearly 93.2 million shares.

Brokerage stocks also performed well. VIX stayed at its ceiling with nearly 49.5 million shares traded. SSI edged up 0.7% and VND climbed 2.9%, with 40.5 million and 23.8 million shares traded, respectively.

Steel stocks were more subdued. HPG gained 1.2% with active trading volume of nearly 89 million shares. NKG added 0.5% and HSG rose 1%.

On the Hanoi Stock Exchange, strong gains among HNX30 basket pushed the HNX-Index up 4.18 points, or 1.51%, to 280.69. The bourse recorded 107 advancers and 67 decliners, with trading volume of 181 million shares worth VND3.87 trillion.  

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