Profits soar, Vietnam Rubber Industry Group pays 1,600 billion VND in dividends to shareholders

Vietnam Rubber Industry Group immediately reaped VND6,280 billion in net profit in just the first 10 months of the year, reaching the 2025 target early. The company is ready to pay VND1,600 billion in dividends to shareholders, expecting a 10% growth next year.

The Presidium discussed and answered questions from shareholders regarding the business situation of the Vietnam Rubber Industry Group - Photo: BONG MAI

Vietnam Rubber Industry Group (stock code GVR) has just held an extraordinary General Meeting of Shareholders on November 5, in Ho Chi Minh City, combining online form.

Currently, the group has 115 member companies, most of which are rubber plantation units with more than 365,940 hectares (in Vietnam, Laos and Cambodia), along with wood companies, industrial parks, and other industrial services.

Quickly reached the year's profit target, prepared 1,600 billion VND in dividends

Sharing with shareholders about the business picture, Mr. Do Huu Phuoc - member of the Board of Directors, permanent deputy general director of Vietnam Rubber Industry Group - said that in the first 10 months of 2025, the unit achieved nearly 24,630 billion VND in consolidated revenue and approximately 6,280 billion VND in consolidated pre-tax profit, equivalent to an increase of more than 79% and nearly 108% of the yearly plan, exceeding the target.

Owner's equity is preserved and developed, major financial balances are ensured. Notably, the unit has also prepared enough resources to pay dividends of 4% of charter capital, equivalent to 1,600 billion VND to shareholders as planned.

Up to now, the group expects to achieve a minimum consolidated revenue of over VND 32,000 billion and pre-tax profit of nearly VND 6,930 billion for the whole year of 2025, exceeding the original plan.

Demonstrate effective management capacity, quick adaptability and the courage to overcome a period of great volatility in the global geopolitical and economic situation.

Through online form, some shareholders also sent questions to the group's leaders.

General Director Le Thanh Hung said that forecasting rubber prices in the coming time is quite difficult, being greatly affected by global economic fluctuations and geopolitical factors. However, based on experience and relationships with partners, rubber prices are likely to remain stable as they are now.

The group is currently investing in 6 key areas, including: planting - caring - exploiting - processing and trading rubber, wood processing, rubber industrial products, industrial park infrastructure, high-tech agriculture and renewable energy. The company is promoting improvements in its operating model to maintain sustainable growth and improve profitability.

Ministry of Finance assigns 10% growth target by 2026, focusing on sustainable development

Mr. Nguyen Que Duong - Deputy Director of the State Enterprise Development Department (Ministry of Finance) - Photo: BONG MAI

At the congress, Mr. Nguyen Que Duong - Deputy Director of the State Enterprise Development Department (Ministry of Finance) - highly appreciated the results that the Vietnam Rubber Industry Group has achieved in recent times. Many targets have exceeded the plan, creating favorable momentum for 2026, especially in the context of the whole country promoting economic growth.

He shared that the group's 2026 plan needs to aim for dual goals, both growth and sustainable development. With a flexible and appropriate approach according to the characteristics of each field and area of ​​operation, to achieve the highest efficiency.

Besides, Mr. Nguyen Que Duong emphasized that the Ministry of Finance is implementing a number of key tasks, not only focusing on business goals but also aiming to arrange and restructure state-owned corporations in a more streamlined and efficient direction.

With the position of the largest corporation in the agricultural and forestry sector in Vietnam, in parallel with many industries, possessing strong resources in infrastructure and human resources, it is expected that the corporation will promptly grasp new directions, continue to promote its leading role in sustainable economic development.

Currently, this group has more than 87,000 employees, becoming one of the leading economic units in the country, improving people's lives. On the stock market, the code GVR is currently trading in green at around VND29,000/share, recording an increase of nearly 9% in the past month.

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Source: https://tuoitre.vn/loi-nhuan-tang-vot-tap-doan-cong-nghiep-cao-su-viet-nam-chi-1-600-ti-dong-co-tuc-cho-co-dong-20251105102024276.htm