International Asia Vietjet to issue additional shares for bonus share dividends

Vietjet to issue additional shares for bonus share dividends

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Vietjet Aviation (HOSE: VJC) recently announced that the deadline for shareholder’s registration for the share dividend of 40% (a compliment of 4 shares for every 10 shares owned) on 25 September 2017.
With a total charter capital of VND3,224 billion equivalent to 322.4 million shares in circulation, Vietjet will issue an extra 129 million shares to pay the bonus share dividends.
Accordingly, Vietjet’s charter capital will increase from VND3,224 billion to nearly VND4,514 billion. The company has also recently completed the cash and bonus share dividend payment for
2016 with the average rate of 119%.
On 15 August 2017, Vietjet also advanced VND645 billion for cash dividend payment for 2017 at the rate of 20%. The company plans to pay a dividend of 50% for 2017.
According to Vietjet’s separate audited financial statements and reviewed consolidated financial statements provided by KPMG, Vietjet’s for the first six months of 2017 has reached
VND16,423 billion in revenue and VND1,797 billion in after-tax profit (after-tax profit of parent company’s shareholders was VND1,796 billion), an increase of 45% year on year and a gain of
53% of the year’s plan. Earnings per share (EPS) was VND5,737.
Up to 30 June 2017, Vietjet’s total asset stood at VND24,747 billion, an increase of 49.6% year on year. Its equity was VND7,321 billion, an increase of 111.9% compared to the first half of 2016, of which share premium left after 20% cash dividend payment was VND1,536 billion. The company’s unallocated after-tax profit wasVND2,532 billion.
As of June, 2017, Vietjet operates 73 routes including 38 domestic and 35 international routes, an increase of 37.7% year on year and a gain of 110.6% of the year’s plan.Follow us on

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