Digital transformation drives 46 6% increase in profit before tax and proceeds a 20% dividend payout

Liberoquotidiano.it | 4 nov 2024
(Adnkronos) - HO CHI MINH CITY, VIETNAM – Media OutReach Newswire – 4 November 2024 - Ho Chi Minh City Development Joint Stock Commercial Bank (HDBank - Stock code: HDB) announces its 9 months business results with profit before tax reaching VND 12,655 billion (US$500 million), an increase of 46.6% year-on-year, achieving 79.8% of the full-year targets.HDBank achieved a strong ROE of 26.7% and an ROA of 2.2%, placing it among the leading banks in the sector. HDBank continued its track record of regular dividend payouts by implementing a 30% dividend for 2023. This included a 10% cash dividend paid in July, and the Bank is now finalizing the procedures for a 20% stock dividend. This positive business performance reaffirms HDBank's position among the top universal banks with a solid foundation, strong financial health, and ability to maintain high and continuous growth for many consecutive years, with good profitability ratios.
Digital transformation drives 46 6% increase in profit before tax and proceeds a 20% dividend payout

Liberoquotidiano.it - Digital transformation drives 46.6% increase in profit before tax, and proceeds a 20% dividend payout

Leggi su Liberoquotidiano.it
  • Promising start to the year as digital transformation drive continues
  • Digital transformation drives 46.6% increase in profit before tax, and proceeds a 20% dividend payout - The non-performing loan ratio as prescribed by the State Bank is only 1.46%, lower than the sector average; Capital Adequacy ratio (CAR) of 14.8% under Basel II standards. Other prudential indicators ... (adnkronos.com)
  • digital transformation drives 46Digital Transformation Drives 46.6% Increase In Profit Before Tax, And Proceeds A 20% Dividend Payout Media Outreach Newswire APAC - HO CHI MINH CITY, VIETNAM – Media OutReach Newswire – 4 November 2024 - Ho Chi Minh City Development Joint Stock Commercial <a target=_blank ... (menafn.com)
  • Digital Transformation Drives Intelligent Chongqing - Urban digital transformation is promoting innovative development of the digital economy and speeding up the modernization of urban governance systems and capabilities. Science and Technology Daily ... (stdaily.com)
Video Digital transformation