Vietcap stock aims for nearly 23% pre-tax profit growth by 2024

Vietcap Securities Joint Stock Company (HOSE: VCI) has recently concluded its press conference on the financial results for the year 2023 and the business plans for 2024.

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At the meeting, the CEO of the Company – Mr. Tô Hải on behalf of the Board of Directors presented the revenue target for 2024 at 2,511 billion VND and pre-tax profit of 700 billion VND. These two targets increased by 2% and 23% respectively compared to the performance in 2023.

Source: VCI

In 2023, VCI had operating revenue of over 2,472 billion VND, a decrease of 24% compared to the previous year. Pre-tax profit and after-tax profit reached over 570 billion VND and 492 billion VND, a decrease of 46% and 43% respectively.

The Annual General Meeting of Shareholders in 2024 is expected to be held on April 2, 2024 at Sheraton Saigon Hotel – 88 Đồng Khởi Street, Bến Nghé Ward, District 1, Ho Chi Minh City. The ex-dividend date is March 1, 2024.

Prior to the meeting, Mr. Nguyễn Hoàng Bảo – Member of the Board of Directors for the term 2021-2026 submitted his resignation. The latest General Meeting of Shareholders will consider and decide on the dismissal of this position for him.

It is known that Mr. Bảo is the husband of Mrs. Nguyễn Thanh Phượng – Chairwoman of the Board of Directors of VCI. In the 2023 annual report, Mr. Bảo does not own any VCI shares; meanwhile, Mrs. Phượng holds nearly 17.6 million shares, equivalent to 4.01% of the capital.

Kha Nguyễn

SOURCEvietstock
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