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PSW to pay first dividend of this year

Update: October, 06/2015 - 09:06
PSW will pay dividend in cash on October 20 at a rate of 8 per cent. — Illustrative photo
HCM CITY  (VNS) — The South–West PetroVietnam Fertilizer and Chemicals JSC (PSW) yesterday announced it will pay its first dividend of this year on October 20 in cash with a rate of eight per cent.

In the first six months of this year, PSW earned VND1.36 trillion (US$60.6 million) in revenue, an increase of 15 per cent over a year.

The company's net profit in the first half of this year was VND14 billion ($622,222), a decrease of 22 per cent from last year's first half.

This year, PSW plans to earn VND2.47 trillion ($110 billion) in revenue and VND28 billion ($1.24 million) in pre-tax profit.

PSW is a member of the Petroleum Fertiliser and Chemicals Corporation. PSW was listed on the Ha Noi Stock Exchange in July. — VNS

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