At the annual shareholders’ meeting of HAGL Group, Chairman Doan Nguyen Duc (Mr. Duc) affirmed that he would not invest in real estate, despite the potential for significant profits from it. He emphasized that HAGL would focus on agriculture, which he considers a sustainable direction for the company. Mr. Duc also announced proposals to issue shares to restructure a large bond debt, hoping to improve the financial situation of the group. Additionally, he revealed a new project for cultivating mulberry and silkworms for exporting silk, which is expected to be highly profitable with a short harvesting period. Although business results have not met expectations, HAGL still reports positive signals, with reduced debts and improved equity. Mr. Duc expressed confidence in the company’s future and hopes for a strong comeback.
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