CTCP Tập đoàn Thiên Long (stock code: TLG) has just announced the Board of Directors’ resolution on the appointment and dismissal of personnel.
Accordingly, the Board of Directors of this company decided to dismiss Mr. Bui Van Huong – Deputy General Director of Supply Chain, Mr. Tran Trung Hiep – Deputy General Director of Market Development, Ms. Le Thi Bich Ngoc – Deputy General Director of Business Development, and Mr. Nguyen Duc Hanh – Deputy General Director of Information Technology. The dismissal of these personnel took effect from September 16th.
Thus, the current Board of Directors of Thien Long consists of 3 members: Ms. Tran Phuong Nga – General Director; Ms. Vo Thi Hai Ha – Deputy General Director, and Ms. Dao Thi Thanh Binh – Deputy General Director of Human Resources and Culture.
According to Thien Long’s Board of Directors, the decision to adjust the system of titles and management personnel structure aims to meet the development needs and enhance competitiveness in the market. This move not only demonstrates the Group’s strength in professionalizing management but also opens up opportunities to optimize operational efficiency and create a solid foundation for breakthroughs and growth in the next phase.
The company also stated that these changes do not affect the tasks previously assigned to the above-mentioned personnel but only aim to adjust and restructure the system of titles, towards building a more solid and flexible management apparatus. Thien Long affirmed that this action is necessary to enhance its ability to cope with challenges and seize opportunities in an increasingly volatile and competitive business environment.
In terms of business results, Thien Long recorded a slight increase of 3% in revenue for the first seven months compared to the same period last year, reaching VND 2,283 billion. Domestic revenue reached VND 1,625 billion, a 3% decrease compared to the previous year due to the difficulties and slow recovery of the domestic business. Meanwhile, export revenue increased by 22% over the same period to VND 658 billion.
After expenses, the company’s after-tax profit was VND 357 billion, up 29% over the same period and achieving 94% of the year’s profit target.
On the stock market, Thien Long’s stock code TLG is priced at VND 53,400 per share, corresponding to a market capitalization of nearly VND 4,200 billion.
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