HT1 - Modest 2023 guidance amid concerns about demand outlook - AGM Note
  • 2023-04-24T00:00:00
  • Company Research

- We attended HT1’s annual general meeting (AGM) in HCMC on April 24. 

- Shareholders approved 2023 guidance for NPAT-MI of VND276bn (USD11.7mn; +7% vs 2022 actual), which is in line with our current forecast. More details regarding our current forecast for HT1 can be found in our Update Report, dated April 3, 2023.

- Shareholders approved 1) an FY2022 cash dividend of VND400/share and 2) FY2023 dividend plan for a minimum of 3% on par — either in cash or in shares — which is in line with our expectation.

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