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Monday, December 8, 2025

WCS to pay cash dividend of 166% for 2024

The Saigon Times

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HCMC — West Coach Station JSC, which trades its WCS shares on the Hanoi Stock Exchange, will finalize the list of shareholders eligible for its 2024 cash dividend on December 16, the company announced.

WCS will pay a cash dividend of 166.66%, meaning shareholders will get VND16,666 for each share held. With three million outstanding shares, the company will spend around VND50 billion on the payout. The ex-dividend date is December 15, and payment is scheduled for December 25.

At its 2025 annual meeting, WCS approved a plan to pay up to a 200% cash dividend for 2024 and issue bonus shares at a 5:1 ratio. The company paid a 160% cash dividend in 2023, while dividends from 2020 to 2022 remained at 20%.

WCS targets a minimum dividend of 20% for 2025. It also approved this year’s business plan with revenue of nearly VND177 billion and after-tax profit of more than VND77 billion, slightly higher than 2024.

In the first nine months of 2025, the company reported revenue of VND129.6 billion and after-tax profit of VND64.88 billion, up more than 8.5% from a year earlier.

Its third-quarter financial report showed cash and short-term investments of VND322.77 billion, accounting for 86% of total assets. The company had no financial debt.

Closing the trading session today, December 8, WCS edged down 3.27% to VND290,200 per share.

Vietnam’s benchmark VN-Index rose on Monday, supported by gains in several large-cap stocks despite broader market weakness.

The VN-Index closed up 12.42 points, or 0.71%, at 1,753.74. Trading volume on the Hochiminh Stock Exchange reached nearly 741 million shares, with a value of VND21.5 trillion, up 12.6% and 7.2% over the previous session. Block deals accounted for 131.6 million shares worth about VND4.3 trillion.

The VN30-Index gained 8.32 points, or 0.42%, to 1,983.82, led by Vingroup. VIC surged to its ceiling price of VND152,700 with over 4.6 million shares traded. Foreign investors sold a net 1.2 million VIC shares.

SAB also hit its ceiling price, closing at VND53,200 with 5.25 million shares traded. PLX rose 4.8%, VHM gained 2.8% and GAS added 2.2%. Most large-cap decliners fell around 1%. LPB lost 3.7% and VRE dropped 2.5%.

Insurance stocks performed well. BVH jumped to its daily upper limit of VND55,600 with nearly 1.3 million shares traded. PVI rose 4.84%, while MIG and BMI advanced more than 2.5%.

Real estate stocks ranked second in sector performance, supported by VIC, VHM and VPL.

Banking, securities and steel stocks declined in the afternoon. MBB was the only gainer in the banking group, edging up 0.6%. SHB took the lead by liquidity with 55.4 million shares traded but slipped 0.9% to VND16,600, despite net foreign buying of 11.1 million shares.

Securities stocks mostly lost more than 1%. VIX fell 3.5% to VND 23,550 with 31.3 million shares traded. Steelmaker HPG dropped 0.9% to VND 26,750 with nearly 21.5 million shares transacted.

On the Hanoi Stock Exchange, selling pressure drove the market lower. The HNX-Index fell by 1.97 points, or 0.76%, to 258.68, with 54.4 million shares traded worth VND 1.17 trillion. The northern bourse saw 51 advancers and 93 decliners at the close.

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