Tung Kuang Industrial postpones 2024 dividend payment

Tung Kuang Industrial JSC is postponing its 2024 dividend payment due to insufficient retained earnings.

While the company reported current year undistributed profit of 52.6 billion dong, an accumulated deficit of 34.4 billion dong from prior years and 10.5 billion dong allocated to funds left inadequate reserves for dividend distribution. The payment is deferred to 2025.