- 2023-06-29T00:00:00
- Company Research
- 28 shareholders representing 92% of voting rights attended BVH’s AGM on June 29. The main agenda was to review 2022 business results as well as to approve (1) 2023 business targets, (2) the business strategy for 2021-2030, and (3) the cash dividend plan for FY2022.
- 2023 guidance includes parent company revenue of VND1.53tn (+1.0% YoY) and NPAT of VND1.1tn (+3.2% YoY). Consolidated level 2023 guidance was not included in the proposal to AGM.
- The AGM approved a 9.54% cash dividend on par value for FY2022, which is VND954/share and implies a 2.1% dividend yield (based on the current share price) — higher than our expectation of 8% of par value.
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