At the Annual General Meeting of Shareholders in 2025, Lộc Trời (LTG) announced the nomination of two candidates for the Supervisory Board for the term 2024-2029: Nguyễn Viết Cương and Vũ Thanh Tùng. Cương is currently Deputy of the Supervisory Board at BCG and has audit experience, while Tùng is the Head of Internal Control at LTG. LTG has also dismissed Nguyễn Thị Thúy and Tiêu Phước Thạnh. The company is facing financial difficulties, projecting a significant revenue decrease for 2025, with an estimated pre-tax accounting loss of 524 billion VND. The Board highlighted that 2024 is particularly challenging, with operational costs and financial obligations pressuring the company. LTG has not yet released its 2024 financial statements and may cancel the dividend plan for 2023 due to production difficulties.
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