Que Phong Hydropower (QPH) closes the list of shareholders to receive 100% cash dividend

VHO - Que Phong Hydropower Joint Stock Company (stock code: QPH) said that on October 16, it will close the list of shareholders to pay additional dividends from undistributed after-tax profits up to June 30.

Shareholders owning each share receive 10,000 VND. Illustrative photo

Accordingly, Que Phong Hydropower will pay cash dividends at a rate of 100%, equivalent to shareholders receiving 10,000 VND per share. Thus, with nearly 18.6 million shares in circulation, the Company plans to spend about 186 billion VND to pay dividends to existing shareholders.

The ex-dividend date is October 15, the expected dividend payment date is October 30.

In the consolidated financial report for the second quarter of 2025, QPH's undistributed profit after tax as of the end of June 2025 reached nearly VND 225 billion. Thus, the amount the Company plans to pay dividends accounts for about 83%.

Regarding ownership structure, the major shareholders of Que Phong Hydropower are Trung Son Power Joint Stock Company (holding 85.5% of capital) and General Director Le Thai Hung (7.18% of capital).

Notably, right before the company announced information about dividends, Mr. Le Thai Hung registered to sell all 1.3 million QPH shares with the purpose of restructuring the portfolio. The transaction is expected to take place between September 8 and October 6, 2025.

Currently, Que Phong Hydropower is managing and operating two hydropower plants, Ban Coc and Sao Va. Both plants are located in Que Phong district, Nghe An province.

Previously, on June 10, the company paid 2024 cash dividends to shareholders at a rate of 40%, equivalent to shareholders owning 1 share will receive 4,000 VND and the total payment amount is about 74.4 billion VND.

Established in July 2005 with an initial charter capital of 100 billion VND, Que Phong Hydropower has increased its charter capital to more than 185.83 billion VND and has registered QPH shares for trading on UPCoM since mid-July 2014.

Regarding business activities, in the first 6 months of the year, the company recorded net revenue of more than 55.6 billion VND, completing 43.4% of the yearly plan (128 billion VND); after-tax profit reached 36.3 billion VND, completing 61.5% of the yearly target (59 billion VND).

Source: https://baovanhoa.vn/kinh-te/thuy-dien-que-phong-qph-chot-danh-sach-co-dong-chia-co-tuc-100-bang-tien-mat-171721.html