Tracodi appointed Mr. Tran Nguyen Huan as General Director and legal representative, replacing Mr. Pham Dang Khoa, from October 9.
Industrial and Transport Development Investment Joint Stock Company (Tracodi - stock code: TCD) announced a resolution to dismiss Mr. Pham Dang Khoa from the position of General Director and legal representative of the company.
In his resignation letter, Mr. Khoa said that in order to focus on his new duties, he could no longer continue to hold his current position at Tracodi. Mr. Khoa was appointed as Vice Chairman of the Board of Directors of the company from February 2023 and assumed the position of General Director from October 2023. After leaving the position of General Director, Mr. Khoa still holds the position of Vice Chairman of the Board of Directors at this enterprise.
Mr. Khoa has held senior positions at many companies such as Deputy General Director in charge of Business Development at BCG Energy, Board Member at Skylar and Aurai Wind Energy.
Tracodi's Board of Directors appointed Mr. Tran Nguyen Huan, Permanent Deputy General Director, as General Director and legal representative of the company to replace Mr. Khoa. Mr. Huan was appointed to the position of Permanent Deputy General Director of Tracodi 2 months ago.
Before joining the company, Mr. Huan held senior management positions such as Deputy General Director of Construction Division at Thanh Thanh Cong, Deputy General Director of Technical Division at Saigon Thuong Tin Real Estate, Chairman of Toan Thinh Phat Construction Engineering Company Limited.
This year, Tracodi targets net revenue of VND1,920 billion, up 7.6% over the previous year. Profit after tax of VND185.6 billion, up nearly 6% over the same period.
In the first half of the year, Tracodi achieved net revenue of VND684 billion, down 15% compared to the same period last year. Gross profit for this period reached VND134 billion, gross profit margin reached 19.7%. After deducting expenses, the company reported pre-tax profit of VND69 billion and after-tax profit of VND54.2 billion, down 39.4% and 38.4% respectively compared to the same period.
After half a year, the company has completed 35.6% of the revenue plan and 30% and 29.2% of the profit target, respectively.
At the Annual General Meeting of Shareholders, answering shareholders about the plan to develop new areas in 2024, the Board of Directors said that in addition to the Phan Thiet airport project, the Chau Doc - Can Tho - Soc Trang Expressway Construction Investment Project, and the Duc Thinh residential area project, Tracodi is also looking for further projects on bridges and roads. On the other hand, the company will promote its activities in aggregate materials. From now until 2026, the possibility of the railway expressway being approved by the Government and implemented, Tracodi is researching and preparing to participate in projects related to the above route.
As of the end of the second quarter of 2024, the company had total assets of VND 9,061 billion, a slight decrease of VND 120 billion compared to the beginning of the period. Liabilities were approximately VND 5,237 billion, most of which were short-term items. Owners' equity was approximately VND 3,825 billion, and undistributed profit after tax was nearly VND 104 billion.
Source: https://baodautu.vn/tracodi-thay-tong-giam-doc-d227177.html
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