TICCO holds 2025 Annual General Meeting of Shareholders

In 2024, TICCO made efforts to maintain production and business activities in volatile market conditions. However, the company still tried to overcome difficulties, using many flexible solutions to achieve many positive results in production and business activities.

In investment, in 2024, the total implementation value will be more than 331 billion VND, focusing on strategic projects such as: Infrastructure development of Gia Thuan 2 Industrial Cluster, investment in ready-mixed concrete and precast concrete production lines, key real estate projects...

Mr. Tran Hoang Quan, Chairman of TICCO Board of Directors, spoke at the congress.

Regarding core production and business activities, TICCO continues to focus on developing industrial and residential clusters in Tien Giang province; production of ready-mixed concrete and precast concrete contributes significantly to total revenue thanks to stable product quality...

Accordingly, in 2024, TICCO's revenue will reach VND 1,867 billion (up 11.8% compared to 2023); after-tax profit will reach VND 141.8 billion, up 21.5% compared to 2023.

At the meeting, shareholders were informed of the following contents: Report on the activities of the Board of Directors (BOD) in 2024 and the plan for activities in 2025; assessment report of the independent members of the BOD in 2024; report of the Board of Directors on business results in 2024 and the business plan in 2025; report on the activities of the Board of Supervisors in 2024 and the plan for 2025.

Shareholders vote.

Also at the meeting, shareholders unanimously approved the following contents: Audited financial report for 2024; Production, business and investment plan for 2025; profit distribution plan, dividend payment for 2024 and plan for 2025; approval of remuneration for the Board of Directors, Board of Supervisors for 2024 and plan for 2025; selection of auditing company for the 2025 financial report; transactions with related parties; rewards for company employees; amendments and supplements to the Charter and corporate governance regulations...

One of the important contents of the 2025 Annual General Meeting of Shareholders is to approve the production, business and investment plan for 2025. Accordingly, in 2025, TICCO strives to achieve consolidated net revenue of VND 1,976 billion; consolidated profit after tax of VND 169 billion; total investment value of VND 498.4 billion...

The company continues to improve its governance and sustainable development. Accordingly, TICCO will strengthen risk control, corporate governance, and technical innovation to increase productivity...