DVP to pay 70% dividend

Dinh Vu Port earned more than VND700 billion (US$31.25 million) in revenue and VND310.5 billion ($13.8 million) in pre-tax profit in 2015, a 21-per-cent and 28.15-per-cent year-on-year increase, respectively.

The port's board of directors approved the payment of 50 per cent dividend for the second session of 2015. They had paid a dividend rate of 20 per cent for the first session of the year. Thus, the company should pay a dividend of 70 per cent in 2015.

This year, the port in the northern city of Hai Phong plans to earn revenue and profits as it did in 2015, and hopes to pay shareholders more than 30 per cent as dividend.

The board also said the shareholders' meeting would be held on April 14.

Each DVP share closed at VND66,500 ($2.9) on the HCM Stock Exchange yesterday.

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