At the meeting, Mr. Nguyen Dang Khoa CEO of Bang Duong E&C JSC reported the business results  in 2018. Although newly established in June 2018, with great efforts of the operating Board with the companion and support from the parent company (Bang Duong Company currently holds 54.91% of the shares), so Bang Duong E&C has achieved quite satisfactory results, as follows:

Operating results of Bang Duong E&C JSC in the last 6 months of 2018 according to the report of the Executive Board:

– Total revenue: 86.39 billion VND (equal 105% of the plan).

– Profit after tax: VND 7.42 billion

– Rate of after-tax profit / total assets (ROA): 6.96%

– Rate of after-tax profit / equity (ROE): 12.38%

– Rate of after-tax profit / net revenue (ROS): 8.71%

– Income per share: VND 1238.

Based on signed and ongoing contracts, the General Meeting of Shareholders approved the company’s 2019 revenue forecast of VND 404.6 billion with the expected return on equity (ROE). reached 33.7% submitted by the Board.

In addition, the Board of Directors and the Supervisory Board also reported to the General Meeting of Shareholders on the business orientation of the company in 2019, reports on control of production and business activities, reports on auditing results in 2018 and presents capital increase plan in 2019.

Mr. Pham Van Cuong chairman of  the board gave the opening speech

Ms. Nguyen Thi Thu Thao Vice chairman of the Board reported the 2018 Audit results

(completed by AASC Auditing Company Ltd)

Shareholders give their opinions on the report of the Boards

The congress takes place from 8:30 am and ends at 11 AM the same day.

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