The company will pay a cash dividend at a rate of 15% (equivalent to 1,500 VND per share). The payment date is September 5th.
With 200 million shares outstanding, TKV Minerals will spend 300 billion VND to pay dividends to shareholders. Of this amount, the Vietnam Coal and Mineral Industry Group, which holds over 98% of TKV's capital, will receive more than 294 billion VND in dividends.
Alongside its dividend payment plan, TKV Mineral Corporation also announced the divestment of its entire stake of 923,500 shares in Bang Giang – Cao Bang Tourism and Trade Joint Stock Company (BCV), equivalent to 51.31% of the company's charter capital. This is a subsidiary controlled by KSV. The minimum offering price set by KSV is 61,900 VND per share. If the entire block of shares is successfully sold, KSV could earn at least 57 billion VND.
Bang Giang Tourism and Trade Joint Stock Company – Cao Bang , formerly Bang Giang Guesthouse, was once under the direct control of the Cao Bang Provincial Party Committee. This entity transformed into a joint stock company in 2008 and has since become a subsidiary of TKV Minerals.
In the first quarter of 2025, KSV reported after-tax profits exceeding VND 314 billion, 4.1 times higher than the same period last year. The main reason for this growth was the increase in average selling prices of key products such as copper sheets, gold, silver, and iron ore concentrate.
For the whole year of 2025, KSV has set a revenue target of VND 12,619 billion and a pre-tax profit target of VND 1,000 billion. Compared to the results of 2024, these targets are down 5% and 36% respectively. However, with the positive results of the first quarter, the company has already achieved 40.5% of its full-year profit target in just three months.
Source: https://baovanhoa.vn/kinh-te/khoang-san-tkv-ksv-sap-chi-300-ti-dong-tra-co-tuc-157230.html
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