Loc Troi Group once said that due to personnel changes, it had to postpone submitting its financial report for the second quarter of 2024 - Photo: LT
Loc Troi Group Joint Stock Company has just sent a report to the State Securities Commission about receiving the resignation letter of Mr. Johan Sven Richard Boden - member of the board of directors.
In the application, Mr. Johan stated that he was resigning for "personal reasons". He requested the shareholders' meeting and the board of directors of Loc Troi to allow him to resign from his position as a member of the board of directors from August 23, 2024.
Notably, this person was just elected to the Loc Troi Board of Directors for the 2024-2029 term at the 2024 annual meeting held last June.
According to the information provided by Loc Troi, Mr. Johan was born in 1971, with qualifications in general management, operations, agriculture and food processing...
From 2016 to present, Mr. Johan also holds the position of General Director of DenEast Vietnam.
Before Mr. Johan, Ms. Nguyen Thi Thuy also resigned from her position as a member of the Board of Supervisors. At the same time, Loc Troi elected Mr. Nguyen My to hold the position of Deputy General Director of the company.
Also related to personnel issues, Loc Troi Group dismissed Mr. Nguyen Duy Thuan from his position as general director since July 15.
Mr. Huynh Van Thon, Chairman of the Board of Directors, will temporarily run the company's operations until a new CEO is appointed.
Requesting to postpone the announcement of the financial report for the second quarter of 2024, Mr. Huynh Van Thon said that the company is facing some force majeure events that require it to increase the stability of capital flow for production and business activities, and all personnel must focus on handling immediate financial issues.
In addition, LTG's 2024 annual general meeting of shareholders will also be held later than previous years.
After the congress, the group encountered some personnel changes, changing some key personnel, which affected the progress of synthesizing and providing data to complete the financial report for the second quarter of 2024 on time.
According to this document, Loc Troi's leaders want to postpone the announcement of the second quarter financial report until August 30, 2024. According to current regulations, by July 31, 2024, public enterprises must submit their second quarter financial reports this year.
Heaven's Luck Reports Loss
Regarding business situation, Loc Troi's first quarter 2024 financial report shows that the profit of the "big guy" of rice in the West is not very positive despite increased revenue.
Specifically, in the first quarter, Loc Troi's net revenue reached VND3,848 billion, up 57% over the same period. However, the company reported a loss after tax of more than VND96 billion, up from -VND81 billion in the same period.
The rice giant's business results will decline starting in 2023, when after-tax profit will only reach VND16.5 billion, down 96% compared to 2022.
Source: https://tuoitre.vn/bien-dong-nhan-su-o-loc-troi-chua-dung-mot-sep-xin-nghi-sau-2-thang-nham-chuc-20240824201028528.htm
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