Vietjet’s shareholders receive dividend payment of over VND451 billion
(Ho Chi Minh City, May 25, 2018) Today, Vietjet Aviation Joint Stock Company spent VND451 billion to pay a dividend of 10% by cash to its shareholders. Consequently, Vietjet has finished its 2017 dividend payment of 40% by cash.
Recently, Vietjet has announced to pay 2017 dividend of 20% by shares. Over the years, Vietjet has regularly paid high dividends from time to time over 100% to its shareholders. In 2018, the Company has approved dividend payment plan by 50%.
As of the end of Q1/2018, Vietjet continued to maintain high growth. Specifically, the revenue stood at VND12,560 billion, an increase of 146% year on year thanks to the growth in passenger air transport, ancillary and sale & leaseback revenue. Profit after tax of the parent company’s shareholders stood at VND1,366 billion, an 263% increase. Earnings per share in this quarter was VND3,026, one of the highest EPS in the stock market.
Compared to the target of VND50,970 billion in revenue and VND5,806 billion in profit before tax for 2018, the Q1 results achieved 25.5% of the year’s target. As of March 31st, 2018, Vietjet’s undistributed profit after tax was VND6,724 billion.