Dak Lak Rubber Joint Stock Company paid the state budget more than 129 billion VND

12:52, 11/24/2023

On the morning of November 24, Dak Lak Rubber Joint Stock Company (DAKRUCO) held an extraordinary general meeting of shareholders for the second term (2023 - 2028).

The first General Meeting of Shareholders of Dak Lak Rubber Joint Stock Company was held on September 29, 2018 and elected 7 members to the Board of Directors (BOD) for the 2018 - 2023 term, with Mr. Nguyen Viet Tuong as Chairman of the Board of Directors and Mr. Bui Quang Ninh as General Director. Starting from October 1, 2018, Dak Lak Rubber One Member Co., Ltd. officially converted to a joint stock company model.

Delegates and shareholders attending the congress

According to the Board of Directors' report, up to now, the company's exploited garden productivity has reached more than 1,880 kg/ha, 584.3 kg/ha higher (up 45%) compared to 2018.

In the period of 2018 - 2023, the output of exploited and processed rubber latex reached more than 46,345 tons (equivalent to 101.82% of the Board of Directors' resolution), rubber elastic products were more than 11,289 tons (124.84%), pre-tax profit was more than 124 billion VND (67.4%), and the state budget payment was more than 129 billion VND.

Regarding investment in basic rubber construction, the total investment area in this period reached more than 7,531 hectares, of which more than 3,522 hectares were put into business, with fruit trees planted in a closed area of nearly 158 hectares.

Mr. Nguyen Viet Tuong, Chairman of the Board of Directors of Dak Lak Rubber Joint Stock Company reported on the company's operations.

DAKRUCO has set out targets for the period 2023 - 2028: Rubber latex output reaches 61,375 tons, rubber elastic products 14,900 tons, profit over 412 billion VND.

To achieve these targets, the company will strengthen technical solutions for intensive cultivation, care, and disease prevention for rubber plantations; effectively inspect and supervise the delivery of raw latex, ensuring the quality of raw latex; maintain and improve the quality of rubber latex products; strengthen forms of capital mobilization to ensure capital for investment and business activities in order to accumulate capital to expand investment and develop new projects and products.

At the same time, carry out joint ventures and partnerships with partners with good financial capacity, technical and market experience to invest in high-tech agricultural projects...

The General Meeting of Shareholders elected the Board of Directors for the second term (2023 - 2028) consisting of 7 members with Mr. Nguyen Viet Tuong as Chairman of the Board of Directors; the Supervisory Board consisting of 3 members with Mr. Nguyen Thac Hoanh as Head of the Board.

Minh Chi

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