Thuduc House Joint Stock Company (Thuduc House, TDH on HoSE) has just announced through Resolution No. 930/NQ-HĐQT the appointment of Ms. Tran Thi Lien as its new CEO.
The resolution takes effect from November 29, 2024, until the end of the current term of the Board of Directors (2020 – 2025) or until a replacement is appointed.
Ms. Tran Thi Lien holds a Bachelor’s degree in Economics.
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Additionally, the Board of Directors of Thuduc House also passed Resolution No. 928/NQ-HĐQT to relieve Mr. Nguyen Hai Long from his duties as CEO effective November 29, 2024.
Mr. Long is responsible for coordinating with his successor to ensure a smooth transition, including handing over relevant documents and signing or confirming ongoing documents that he has been handling as the legal representative of the company.
Prior to this, on November 28, 2024, Thuduc House received Mr. Long’s resignation letter from the position of CEO. In his letter, Mr. Long stated that he had tried his best to fulfill his assigned tasks. However, due to personal reasons, he was unable to continue in his role.
Mr. Nguyen Hai Long was appointed as the CEO of Thuduc House on April 15, 2024, and his resignation comes just over seven months later.
In terms of business performance, according to the consolidated financial statements for the third quarter of 2024, Thuduc House reported net revenue of VND 6.6 billion, a decrease of 47.62% compared to the same period in 2023. After deducting taxes and fees, the company recorded a net profit of nearly VND 29.6 billion, an increase of 269.76%.
For the first nine months of 2024, Thuduc House recognized net revenue of nearly VND 36.7 billion, a decrease of 54.83%, and reported a net loss of over VND 3.6 billion, an improvement from the net loss of 71.2% in the same period last year.
As of September 30, 2024, Thuduc House’s total assets stood at nearly VND 982.7 billion, a decrease of 26.31% from the beginning of the year, and its total liabilities were over VND 661.1 billion, a decrease of 30.98%.
The Quiet Chairman’s Second Departure: Thuduc House’s CEO Steps Down
On November 28, 2024, Mr. Nguyen Hai Long submitted his resignation letter to the Board of Directors of Thuduc House Development Corporation (Thuduc House, HOSE: TDH), requesting to step down from his position as the company’s Chief Executive Officer.
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