## TDG GLOBAL’s 2023 Annual General Meeting: Electing New Leadership and Setting Ambitious Goals for the Future
The Annual General Meeting of shareholders approved several resolutions, including the 2024 Business Plan, cash dividend distribution, and issuance of shares to increase charter capital. The meeting also appointed the 2024 Board of Directors and approved proposals for an employee stock option program and expansion of the company’s business operations.
In 2023, the Board effectively executed its functions, duties, and authorities in guiding, supervising, and directing the company’s activities through meetings and important resolutions. The Board held seven sessions with full attendance and highly unanimous voting. Regarding the supervision of the Board of Directors and other management personnel, the General Director effectively coordinated with the Board in managing and operating the Company. Timely and appropriate measures were implemented to ensure the development of capital and shareholder interests, meeting the targets approved by the Annual General Meeting.
In 2023, the Board of Directors had a clear division of responsibilities and maintained regular meetings to ensure efficient and timely direction. Given the company’s underperformance against the set plan, the Board has made changes to position TDG GLOBAL for positive transformation and stronger growth in 2024.
According to the company’s 2023 financial report, TDG GLOBAL’s operations were impacted by the economic downturn caused by the COVID-19 pandemic, resulting in a decline in performance. However, compared to the previous year, TDG GLOBAL’s net revenue increased by 3.91%. Unfortunately, the company fell short of its targets, with net revenue, pre-tax profit, and post-tax profit reaching only 94.46%, 26.85%, and 24.74% of the planned goals, respectively.
For 2024, TDG GLOBAL sets ambitious targets, aiming for VND 1,490,000,000,000 in net revenue, VND 5,050,000,000 in pre-tax profit, and VND 4,040,000,000 in post-tax profit.
Mr. Truong Dinh Hai (second from right), Chairman of TDG GLOBAL’s Board of Directors, and Mr. Dinh Phu Minh (far left), Vice Chairman of TDG GLOBAL’s Board of Directors for the term 2021-2026, receive flowers of congratulations.
The meeting approved plans to maintain the company’s core business operations, continue expanding the Northern market for gas and commercial products, optimize the production process to reduce raw material costs and improve labor productivity, and explore new investment opportunities to boost revenue and profit in 2024.
The shareholders also voted to elect the members of the Board of Directors. With a high number of votes, Mr. Truong Dinh Hai, Chairman of the Board of Directors of Ngan Tin Investment Group Joint Stock Company, was officially elected as the Chairman of the Board of Directors of TDG GLOBAL Investment Joint Stock Company. Mr. Dinh Phu Minh, General Director of Ngan Tin Investment Group Joint Stock Company, was elected as the Vice Chairman of TDG GLOBAL’s Board of Directors for the term 2021-2026.
