According to the audited semi-annual consolidated financial report of Hoang Anh Gia Lai Joint Stock Company (HAGL, code HAG), Mr. Doan Nguyen Duc, Chairman of the Board of Directors (Bau Duc) received more than 1.2 billion VND in the first 6 months of the year, equivalent to 200 million VND/month.

In 2023, Mr. Duc's income at HAGL is 2.4 billion VND, an average of 200 million VND/month. Mr. Duc is currently a major shareholder of HAGL with a 30.26% ownership ratio of charter capital.

Having a slightly lower income than Mr. Duc is Mr. Vo Truong Son, a member of the Board of Directors, who received more than 1 billion VND in the first 6 months of the year, equivalent to 166 million VND/month.

In the second quarter of 2024, HAGL recorded net revenue of VND 1,518 billion, up 5% over the same period (VND 1,448 billion). Accumulated in the first 6 months of the year, net revenue reached VND 2,759 billion, down 12% over the same period (VND 3,144.88 billion).

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Recently, Ms. Doan Hoang Anh, daughter of Mr. Duc, has just announced that she has registered to buy 2 million shares, from August 20 to September 18. The purpose of the purchase is to increase the ownership ratio.

If the transaction is successful, Mr. Duc's daughter will own 13 million shares, accounting for 1.23% of the charter capital. Based on the market price of the shares, Mr. Duc's daughter may have to spend about 20 billion VND to carry out the transaction. Ms. Hoang Anh's assets on the stock exchange at that time were equivalent to over 130 billion VND.

According to the audited separate financial report of Quoc Cuong Gia Lai Joint Stock Company (code QCG), former General Director and member of the Board of Directors, Ms. Nguyen Thi Nhu Loan, had an income of 66 million VND in the first half of the year, equivalent to 11 million VND/month.

In 2023, Ms. Loan had a total income of 132 million VND, equivalent to 11 million VND/month.

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On July 19, Ms. Loan was prosecuted for violations in a real estate project. After that, Mr. Nguyen Quoc Cuong (Cuong Do La) took the hot seat as QCG's general director to replace his mother.

At Quoc Cuong Gia Lai, in the first half of this year, Mr. Lai The Ha, Chairman of the Board of Directors and Deputy General Director, had an income of 66 million VND (average 11 million/month). Meanwhile, members of the Board of Directors and the Board of Supervisors had an income of 15-30 million VND/6 months, equivalent to 2.5-5 million VND/month.

In the first half of this year, Quoc Cuong Gia Lai achieved revenue of 65 billion VND, a sharp decrease compared to the revenue of 210 billion VND in the same period. Of which, more than 37 billion VND came from hydropower activities and 19 billion VND from rubber business. Real estate only brought Quoc Cuong Gia Lai 8.6 billion VND.

After deducting the cost of goods sold, Quoc Cuong Gia Lai's gross profit in the first 6 months of the year was only 70 million VND. Meanwhile, in the same period last year, the company's gross profit was nearly 22 billion VND.

Quoc Cuong Gia Lai recorded a loss after tax of 16.6 billion VND. In the same period last year, the company lost 13.6 billion VND.

The income of CEOs and chairmen at listed companies varies greatly. The income of CEOs of Vinhomes, KBC, and Masan ranges from over 10 billion to 17 billion VND/year, while the chairmen of banks and gold and jewelry companies receive less than 10 billion VND/year.