Many real estate business leaders receive salaries of hundreds of millions of dong per month - Photo: NGOC HIEN
According to the latest financial reports of real estate businesses, CEOs and board members are still enjoying high incomes despite the industry's overall challenging business situation.
Hundreds of millions in salary of CEOs of real estate businesses
At No Va Real Estate Investment Group Joint Stock Company (Novaland, stock code: NVL), Mr. Ng Tech Yow, general director of Novaland, received a salary of nearly 2.5 billion VND in 6 months, in addition he also received a remuneration of 60 million VND as a member of the board of directors.
In average, every month Mr. Ng Tech Yow "pockets" a salary and income of about 423 million VND.
Compared to the same period last year, Mr. Ng Teck Yow's salary has increased significantly because since taking office in March 2023, he has received a total of more than VND 767 million, equivalent to VND 256 million per month.
Ranked "second" in Novaland's salary table is Mr. Duong Van Bac, currently the company's financial director, with a salary of more than 1.4 billion VND in the first 6 months of this year, equivalent to 238 million VND per month.
Like CEO Ng Teck Yow, Mr. Bac also just joined Novaland in 2023. Before that, Mr. Bac had many years of working at Dat Xanh Group in many leadership positions.
For the board members of Novaland, Mr. Bui Thanh Nhon received the largest remuneration of 600 million VND in 6 months, 100 million VND higher than the same period, the remaining board members received half of Mr. Nhon's remuneration.
For Phat Dat Real Estate Development Joint Stock Company (stock code: PDR), Mr. Bui Quang Anh Vu, CEO of Phat Dat, received an income of more than 1.4 billion VND in the second quarter, meaning he receives nearly 470 million VND per month from this real estate company.
Mr. Vu's salary remained unchanged compared to the same period last year, while the salaries of other leaders increased slightly. Chairman of Phat Dat's board of directors, Mr. Nguyen Van Dat, had a recorded income of nearly VND485 million in the second quarter, meaning he received about VND161 million per month.
Businesses increase salary and bonus payments
At Dat Xanh Group Joint Stock Company (stock code: DXG), Mr. Bui Ngoc Duc, member of the board of directors and CEO, has the leading income, with more than 2 billion VND in the first 6 months of the year (an increase of nearly 600 million VND compared to the same period), equivalent to more than 340 million VND/month.
The second highest earner at Dat Xanh is Ms. Do Thi Thai, member of the board of directors and deputy general director, with a salary of over 1 billion VND. Meanwhile, Mr. Luong Tri Thin, chairman of the board of directors of Dat Xanh, also received nearly 850 million VND in 6 months, equivalent to about 141 million VND/month.
At Khang Dien Housing Investment and Trading Joint Stock Company (stock code: KDH), Ms. Mai Tran Thanh Trang, Chairman of Khang Dien Board of Directors, received an income of more than 1.3 billion VND in the first 6 months of 2024, equivalent to 224 million VND/month.
Mr. Vuong Van Minh, CEO of Khang Dien, received a salary of more than 740 million VND in 6 months, equivalent to 123 million VND/month.
With IDICO Corporation (stock code: IDC), Mr. Dang Chinh Trung, CEO of IDICO, received an income of 1.7 billion VND, equivalent to more than 280 million VND/month.
Although Nam Long Investment Joint Stock Company (stock code: NLG) did not disclose the salary details of each individual in the board of directors, the total remuneration of the board of directors and salaries for management members was nearly VND 31.4 billion in the first 6 months of 2024, an increase of 35% over the same period last year (more than VND 23 billion).
Source: https://tuoitre.vn/sep-doanh-nghiep-dia-oc-bo-tui-gan-nua-ti-dong-moi-thang-20240820191211316.htm
Comment (0)