Masan Consumer to pay cash dividend of 45 per cent

Masan Consumer to pay cash dividend of 45 per cent

HCM CITY — Masan Consumer (MCH) will pay a  四 五 per cent cash dividend for  二0 二0 on June  一 四.

June  二 is the record date.

Shareholders whose shares are not in the depository can get the dividend at the company’s accounting office at  MPlaza Saigon,  三 九 Lê Duẫn in HCM City’s District  一.

MCH, which has a free float of  七0 八. 九 million shares, will pay out over VNĐ 三. 一 九 trillion (US$ 一 三 八. 五 million).

It targets net revenues of VNĐ  二 七 -  三0. 五 trillion ($ 一. 一 七- 一. 三 二 billion) this year, an increase of  一 六- 三 一 per cent, and profit after tax of VNĐ 五-  五. 五 trillion ($ 二 一 七- 二 三 八. 七 million), an increase of  一 一- 二 二 per cent.

Its net revenues in the first quarter grew by  一 八. 八 per cent to VNĐ 五. 四 九 四 trillion, with  四 二 per cent of growth contributed by new products launched in  二0 二0.  

MCH is one of the largest branded consumer goods company in Việt Nam with a focus on power brands and innovation. — VNS