Company reduces dividend payment
Company reduces dividend payment
Cavico Manpower Services Co (CMS) will pay last year's dividends at 20 per cent compared to the planned rate of 30 per cent. Dividends will begin to be paid on February 5.
In November, CMS decreased its revenue target by 39.3 per cent to VND185.14 billion (US$8.8 million) and profit target by 49.7 per cent to VND19.6 billion ($933,300).
The company's shares finished yesterday's session at their ceiling price of VND11,900.
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