Loc Troi Group (LTG) is expected to lose over 524 billion VND before tax in 2025, with revenue of 4.2 trillion VND, the lowest in over a decade. The Board of Directors anticipates that 2024 will be very challenging due to cost pressures, low profit margins, and difficulties in exporting agricultural products. The company also faces pressure to settle debts such as bank loans, suppliers, and obligations to the State. Loc Troi has also canceled the plan to pay dividends for 2023, which was approved at a rate of 30% due to challenging financial conditions. The general assembly will dismiss board member Johan, Sven Richard Boden and elect a new member.
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