Dongnai Paint proposes revised 2025 plan amid H1 challenges

Dongnai Paint Corporation (SDN) announced a written solicitation of shareholder opinions to adjust its 2025 production and business plan. The company cited a challenging first half of 2025, including difficulties in partner and customer cooperation, market development, and significant relocation costs, as reasons for the proposed adjustments.

The revised plan, effective November 8, 2025, includes several key changes. Total production value is projected to decrease, representing a 75% achievement of the original target. Revenue is adjusted to 95% of the original, and output to 85% of the original.

Net profit is expected to reach 66% of the original target, and the proposed dividend payout is significantly reduced from 15% to 5%. Shareholders are invited to submit their votes on the proposed adjustments by 4:00 PM on November 7, 2025, with vote counting scheduled for 3:00 PM on November 8, 2025.