LDG Aims to Return to Profit After Two Consecutive Years of Losses

LDG Investment Corporation (stock ticker LDG) has announced materials for the 2025 Annual General Meeting of Shareholders, which is scheduled to be held online on April 23. The company aims to return to profitability in 2025 with a projected revenue of 1,822.62 billion VND and a net profit of 91.56 billion VND, following two consecutive years of losses. In 2024, LDG reported a net loss of 1,505.8 billion VND and a loss of 527 billion VND in 2023. The company will not pay dividends for 2024 due to accumulated losses and plans to transfer amounts from “capital surplus” and “development investment fund” to “after-tax profits” in the second quarter of 2025. As of December 31, 2024, LDG recorded a negative capital surplus of 66 million VND and a total accumulated loss of 1,388 billion VND. LDG also plans to change its headquarters and elect a new Board of Directors for the 2025-2030 term.

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