On the morning of June 23, 2023, at Thien Nam Building - No. 111-121 Ngo Gia Tu, Ward 2, District 10, Ho Chi Minh City - Thien Nam Import-Export Trading Joint Stock Company (Stock code: TNA) organized Organize the 2023 Annual General Meeting of Shareholders to report to shareholders the results achieved, business development goals for 2023 and related reports on business orientation and development for the entire Thien Nam Group system. .

Mr. Nguyen Minh Thu - Deputy General Director of Thien Nam Group - reported to the Congress.

Reporting at the Congress, Mr. Nguyen Minh Thu – Deputy General Director of Thien Nam Group assessed that, facing the wave of economic instability at home and abroad, many Vietnamese businesses really have a headache at the crossroads of existence. , reduce business scale or terminate operations because of too many difficulties surrounding them. Thien Nam Group still ensures business operations by maintaining and growing sales, making profits, ensuring income and jobs for all employees, demonstrating the great efforts of all leaders. Thien Nam Group directors and staff.

In 2022, TNA recorded revenue of VND 6,448 billion, reaching 106% of the plan. Pre-tax profit only reached 26.8 billion VND, equal to 19% of the plan. The instability of the general market situation, due to reduced purchasing power, large discount costs, transportation costs, and increased interest rates has eroded profits, especially the Company has not yet completed the divestment of its investment capital. Vung Tau House project of 20.24 hectares to earn 68.14 billion VND in profit as planned.

The Chairman of the Congress delegation answered questions raised by Shareholders.

With the general market situation still having many unstable factors, in 2023 the company is forecast to have to reduce revenue and strengthen internal resources to focus on highly effective business product groups. The Congress unanimously approved the 2023 business plan as follows:

  • Parent company: sets revenue of 5,701 billion VND and pre-tax profit of 73.9 billion VND.
  • Subsidiaries: revenue 192 billion VND, profit 7.82 billion VND.

Consolidated total revenue will be 5,888.9 billion VND and 81.7 billion VND profit. Compared to 2022, this expected profit reaches more than 300%.

The company sets out groups of solutions to implement the plan including:

The iron and steel business will focus on selling domestic products (such as pre-stressed steel), only importing items with high profit margins, optimizing business efficiency, good inventory management, and reducing transportation costs. , making the company a leading supplier in the steel industry. In addition, the Company will strongly exploit the export market, look for suitable partners, build a booth on the Alibaba platform to promote international trade, as a premise to develop and distribute new product groups. meet market demand.

For the office rental business, the Company will optimize space occupancy rate, retain and provide the best customer care. In addition, the Company will develop new leasing services suitable to modern trends (virtual offices, shared offices…), increase 2,000 m2 of new floor space to serve new leasing plans, as well as move forward Brokerage activities for leasing buildings of other investors.

The management and business operations of subsidiaries are being closely monitored, focusing on good debt and inventory management to optimize capital flow and profits. In particular, the exploitation and promotion of private brands is a priority in the development strategy, for example, Uiza private brand of Thien Nam Food, Glowel brand of Nahaviwel. Promoting the success of the welding rod production line, in 2023 and the following years, Nahaviwel Joint Stock Company will invest in more machinery and equipment to produce welding rods and welding wires, increasing production capacity to serve demand. domestic and foreign markets.

Thien Nam – SSK kindergarten system will promote enrollment to fill design capacity, continue the process of standardizing the process, as a foundation to open new schools in the future.

Mr. Nguyen Quang Hoa - Chairman of the Board of Directors of Thien Nam Group - presented the 2023 orientation.

In sharing the orientation for the next 5 years, Mr. Nguyen Quang Hoa – Chairman of the Board of Directors of Thien Nam Group said that he will continue to closely follow the plan to increase charter capital to 1,000 billion VND by focusing capital on key projects. , issuing construction bonds, business cooperation, joint ventures with investors and financial and banking partners for long-term financing for the company, bank loans and cash flow balance. All aim at the goal of revenue growth of 20% and profit after tax growth of 10% or more; Focus on building and developing 5 key business sectors: Iron and steel, real estate, financial investment, office rental; Technology products, household appliances; Chain of international preschool systems; Other service models such as retail, new transportation services… In particular, Mr. Hoa also said that he will restructure the operations of the parent company – subsidiary model with the goal of minimizing costs. and increase revenue and profits in the coming years.

The Congress voted to approve the operational direction statements for the 2023 – 2027 term:

  1. The 2022 Financial Report has been audited
    Report on business results, profit distribution, and fund appropriation in 2022.
  2. Presentation of business plan for 2023.
  3. Proposal for selecting a company to audit the 2023 financial statements.
  4. Proposal for amending and supplementing the Company’s Charter.
  5. Proposal for approval of the plan to issue shares to pay dividends in 2022 (Proposal No. 20/2023/TT-HĐQT)
  6. Proposal for election of the Board of Directors for the term 2023 – 2027.

The Congress elected members of the Board of Directors of the company, the election results are as follows:

– Elected members of the Board of Directors: includes 05 members.

– The elected members of the Board of Directors are as follows:

  1. Mr. Nguyen Quang Hoa.
  2. Mr. Nguyen Minh Thu
  3. Ms. Tran Thi Hien
  4. Ms. Nguyen Tran Thao Huong
  5. Mr. Ho Van Tuyen
Members of the Board of Directors for the 2023 - 2027 term appeared before the Congress.

The Congress ends at 12:40 a.m. on June 23, 2023.

Media reports about Thien Nam Group:

1/ Vneconomy

2/ Cafef

3/ Vnexpress

4/ Vitv