Tracodi (TCD) pays dividend in 2018, percentage 15%

10/21/2019

On 10th November 2019, Transport Industry Investment And Development Join Stock Company ( Stock code: TCD) closed the list of shareholders who were disbursement of dividends in 2018, will receive 10% by stock, and 5% by cash on 22nd October 2019.

Especially, November 10, Tracodi closed the list of shareholders who was disbursement of dividend in 2018 with 10%- similar to 100 stocks will receive 10 new stocks. On next October 22, Tracodi will close the list of shareholders who will be paid advance dividend in 2018 with 5% by cash – similar to 1 stock will receive VND 500 (5% per total charter capital was accepted in Annual General Meeting 2019, without 10% disbursement of dividend by stock in 2018 which is closed November 10, 2019). Payment time is October 22, 2019.

Especially, 10th November, Tracodi closed the list of shareholders who were disbursement of dividends in 2018 with 10% – similar to 100 stocks will receive ten new shares. On next 22nd October, Tracodi will close the list of shareholders who will be paid an advance dividend in 2018. With 5% by cash similar to 1 stock will receive VND 500 (5% per total charter capital was accepted in Annual General Meeting 2019, without 10% disbursement of dividend by the share in 2018 which is closed 10th November 2019). The payment time is 22nd October 2019.

With 38 million stocks are listing and circulating, Tracodi will pay VND 19.2 billion of advance dividend by cash for shareholders. In Annual General Meeting 2019, the Board of directors represented that revenue target will reach VND 1.053 billion; gross profit will reach VND 108 billion. The dividend will reach at least 20%.

In the first nine months, 2019, TCD suppose that revenue gain VND 1.090 billion and gross profit gain VND 56.4 billion. The result of the first nine months was implemented by 103% revenue expectation and 52% total profit of the year. Next year, TCD is expected to gain more profit than in 2019. Almost benefit will learn from constructing BCG-CME Long An 1 solar power plant entirely, general contractor of Radisson Blu Hoi An project (Quang Nam province), and King Crown project (District 2). Besides, profit expectation will gain from trading of modified tapioca starch made by Tapiotek company, which is having one of the largest modified starch factories in the South.

Especially, November 10, Tracodi closed the list of shareholders who was disbursement of dividend in 2018 with 10%- similar to 100 stocks will receive 10 new stocks. On next October 22, Tracodi will close the list of shareholders who will be paid advance dividend in 2018 with 5% by cash – similar to 1 stock will receive VND 500 (5% per total charter capital was accepted in Annual General Meeting 2019, without 10% disbursement of dividend by stock in 2018 which is closed November 10, 2019). Payment time is October 22, 2019.

With 38 million stocks are listing and circulating, Tracodi will pay VND 19.2 billion of advance dividend by cash for shareholders. In Annual General Meeting 2019, Board of directors represented that revenue target will reach VND 1.053 billion, gross profit will reach VND 108 billion. Dividend will reach as least 20%.

In the first nine months, 2019, TCD suppose that revenue gain VND 1.090 billion of and gross profit gain VND 56.4 billion. The result of first nine months was implemented 103% revenue expectation and 52% total profit of year. Next year, TCD is expected to gain more profitable than 2019, almost profit will gain from construct BCG CME Long An 1 solar power plant completely, general contractor of Radison Blu Hoi An project (Quang Nam province) and King Crown project (District 2). In addition, profit expectation will gain from trading of modified tapioca starch made by Tapiotek company which is having one of the largest modified starch factory in the South.