On June 28, Thuan Duc Joint Stock Company successfully organized the Annual General Meeting of Shareholders in 2020. With the participation of shareholders and securities companies and investment funds, potential investors power…
The Meeting approved the BOD’s reports on the Company’s activities in 2020, the consolidated business targets expected in 2020, as well as the division of profits and dividends in 2019.
The Meeting also unanimously approved the new Board members and the Supervisory Board (2020-2025).
In 2019, Thuan Duc reached the TOP 5 in the list of the 500 fastest growing enterprises in Vietnam (FAST500). The production and business targets of the Company all grew highly compared to the plan.
Specifically, in 2019, the parent company’s revenue reached VND 1,152 billion, an increase of more than 54% compared to 2018, profit after tax reached VND 62.4 billion and consolidated revenue reached VND 1,197 billion with profit after tax of 62. billions dong.
New goals – new solutions
The company sets a target of VND 1,450 billion in sales of goods and services, VND 94 billion in after-tax profit, 12% in cash dividend, and many other important growth targets.
In order to achieve the proposed 2020 targets, the Company will focus on solutions such as expanding the domestic market to the Central and Highland regions. Besides, Thuan Duc will make full use of technology applications in production and business; and reduce costs at stages.