SJ Group (SJS) pays dividends and bonus shares up to 159%

VHO - On July 31, SJ Group Joint Stock Company (stock code: SJS) will close the list of shareholders to pay dividends in shares and issue shares to increase share capital from equity capital at a rate of 159%.

Accordingly, SJ Group plans to issue more than 182.6 million shares, including more than 86.25 million shares to pay dividends in 2018, 2019, 2020, 2021 and 2024, at a rate of 75.1%; and issue more than 96.36 million bonus shares to increase capital, at a rate of 83.9%.

The total issuance value at par value is VND 1,826.2 billion. The source of capital for issuing dividend shares comes from undistributed profits on the consolidated financial statements for 2024, expected to be more than VND 862.56 billion. The source of capital for issuing bonus shares comes from the development investment fund (nearly VND 745 billion) and capital surplus (VND 218.8 billion).

After the issuance, SJ Group's charter capital will increase from VND 1,148.5 billion to VND 2,974.7 billion.

This is considered the largest dividend and stock bonus payment ever by SJ Group. Previously, the company had planned to pay cash dividends for the years 2018-2020 at a total rate of 23%, however, at the 2022 meeting, shareholders approved an alternative plan of paying dividends in stocks.

In addition, the 3% stock dividend for 2021 has not been paid yet, so at the 2025 shareholders' meeting, the company decided to combine this part with the 2024 dividend, raising the total stock dividend ratio to 75.1%.

Regarding business activities, the Company has not yet released its financial statements for the second quarter of 2025. At the end of the first quarter of 2025, SJ Group recorded net revenue of VND 143.3 billion, an increase of 21%, and profit after tax of VND 67.2 billion, an increase of nearly 53% over the same period. SJ Group said that the positive business results in the first quarter came from the Company continuing to operate the Nam An Khanh project.

Thus, with the 2025 plan of revenue of VND 1,211 billion and pre-tax profit of VND 753 billion, the end of the first quarter recorded pre-tax profit of VND 86.2 billion, equivalent to the Company only completing 11.45% of the target.

Source: https://baovanhoa.vn/kinh-te/sj-group-sjs-chia-co-tuc-va-thuong-co-phieu-toi-159-156328.html