The following individuals have been relieved of their positions: Mr. Bui Van Huong, Vice President of Supply Chain; Mr. Tran Trung Hiep, Vice President of Market Development; Ms. Le Thi Bich Ngoc, Vice President of Business Development; and Mr. Nguyen Duc Hanh, Vice President of Information Technology.
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In a contrasting move, Ms. Vo Thi Hai Ha has been transferred from her role as Vice President of Finance and Accounting to Vice President.
Ms. Vo Thi Hai Ha joined Thien Long in September 2021 and has over 28 years of experience in finance and accounting with multinational companies. Previously, she held various management positions such as Chief Financial Officer, Business Planning Director, and others at multinational companies including Suntory PepsiCo VN, Premier Oil, and FrieslandCampina Vietnam.
The personnel changes at TLG resulted from a Board of Directors meeting held on September 14, pertaining to the restructuring of positions for several Vice Presidents.
Consequently, the individuals who stepped down from their previous roles will assume new positions within the framework of the new organizational structure. Mr. Bui Van Huong will serve as Director of Quality and Supply Chain, Mr. Tran Trung Hiep as Director of Market Development, Ms. Le Thi Bich Ngoc as Director of Business Development, and Mr. Nguyen Duc Hanh as Director of Information Technology.
The TLG Board of Directors also stated that the new appointments do not alter the assigned tasks but rather represent a step towards adjusting and restructuring the organizational framework. This aims to establish a robust management structure that can adapt and efficiently respond to challenges and opportunities in an increasingly complex and competitive business landscape.
For the first six months of 2024, TLG recorded revenue of nearly VND 2,016 billion, a slight increase of 1% compared to the same period last year. Net profit reached VND 331 billion, an improvement of 23%. The gross profit margin also increased from 44% in the previous year to 46%. The company attributed this growth to the recovery of domestic purchasing power and the contribution of export revenue, which served as a driving force for the company’s overall growth.
| TLG’s business results for the first half of 2024 show an increase compared to the same period last year |
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