Announcement • Jun 23
Nam Song Hau Trading Investing Petroleum Joint Stock Company, Annual General Meeting, Jun 30, 2025 Nam Song Hau Trading Investing Petroleum Joint Stock Company, Annual General Meeting, Jun 30, 2025, at 08:00 SE Asia Standard Time. Location: phu thanh hamlet, mai dam town, chau thanh district, hau giang province, Vietnam New Risk • Mar 10
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: ₫239.7b (US$9.35m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Latest financial reports are more than 1 year old (reported March 2020 fiscal period end). High level of non-cash earnings (35% accrual ratio). Market cap is less than US$10m (₫239.7b market cap, or US$9.35m). Minor Risk Share price has been volatile over the past 3 months (7.2% average weekly change). New Risk • Sep 24
New minor risk - Dividend sustainability The company has an unstable dividend paying track record. The dividend has had an annual drop of over 20% in the past. Dividend yield: 3.4% This is considered a minor risk. If the company has cut or reduced its dividend in the past, it may be a sign that the underlying business is too cyclical to consistently maintain or grow the dividend over the long-term. It may also indicate the company prioritizes other outcomes instead of maintaining the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risks Latest financial reports are more than 1 year old (reported March 2020 fiscal period end). High level of non-cash earnings (35% accrual ratio). Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Market cap is less than US$100m (₫590.5b market cap, or US$24.2m).