Thursday, October 29 2020


Airport operator ACV pays $86 million cash dividend

Update: December, 19/2019 - 07:59


The view of the Đà Nẵng International Airport in Đà Nẵng. — Photo

HÀ NỘI — The Airports Corporation of Vietnam (ACV) has completed paying a cash dividend worth nearly VNĐ2 trillion (US$86 million) for 2018.

The dividend payout rate was 9 per cent. Every shareholder received VNĐ900 for each share they have.

With nearly 2.2 billion shares traded on the Unlisted Public Company Market (UPCoM), the dividend payout was worth VNĐ1.96 trillion.

The State Capital Management Committee holds the biggest stake of 95.4 per cent at ACV. It received nearly VNĐ1.87 trillion from the company.

In 2018, ACV posted total revenue of VNĐ17.77 trillion, up 19 per cent on-year, and VNĐ6 trillion in post-tax profit, up 44 per cent on-year.

The company hopes to raise the earnings figures by 7 per cent and 9 per cent on-year, respectively, to VNĐ19 trillion and VNĐ8.2 trillion.

From January to September, ACV earned VNĐ13.5 trillion in revenue and VNĐ5.9 trillion in pre-tax profit.

ACV's shares (UPCoM: ACV) ended Wednesday flat at VNĐ74,900 per share.

The company runs 22 airports across the country, including Nội Bài International Airport, Tân Sơn Nhất International Airport and Đà Nẵng International Airport. — VNS


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