(ĐTCK) The Board of Vietnam Dairy Products Joint Stock Company (VNM – HOSE) has just submitted the plan for 2021 with revenue of 62,160 billion dong, up 4.1% compared to 2020; Profit after tax goes flat with the target of 11,240 billion dong, by 2020 it will reach 11,236. Profit after tax attributable to shareholders of the parent company is 11,120 billion dong, up by 0.2%.
Expected dividend for 2021 is at least 50% of consolidated profit after tax. In which, the Board of Directors proposes the first advance payment is 1,500 dong / share, the payment in September 2021 and the second payment is 1,400 dong / share, the payment in February 2022. The remaining dividends for 2021 will be decided by the 2022 Annual General Meeting of Shareholders. In 2020, Mr. Nguyen Ba Duong, an independent member of the Board of Directors, has resigned for personal reasons. The Board of Directors submits to shareholders to elect an additional member, Mrs. Tieu Yen Trinh, born in 1974.
Ms. Trinh is the founder and CEO of Talent Connection Joint Stock Company and an independent member of the Board of Directors at Phu Nhuan Jewelry Joint Stock Company (PNJ).
In 2021, VNM’s Board of Management determined that in addition to focusing on its core dairy products, strengthening its leading position in seeking M&A opportunities with dairy companies in other countries with the aim of expanding market share and increasing sales.
The company continues to penetrate new export markets with the strategy of transforming the traditional commodity export model to forms of deep cooperation with distribution partners in new key markets.
On the market, at the close of April 7, VNM shares stood at 100,100 dong / share.
Source: tinnhanhchungkhoan.vn – Translated by fintel.vn