The Duc Giang Chemical Group (DGC) has announced a change in its senior management. Mr. Dao Huu Duy Anh has been appointed as the Vice Chairman of the Board of Directors starting in 2024, after stepping down as CEO. He is replaced by Mr. Luu Bach Dat, former Deputy CEO, starting from March 3, 2025. This change is in accordance with the 2020 Enterprise Law regarding family relations in public companies. Currently, Mr. Dao Huu Huyền is the Chairman of the Board, and also Duy Anh’s father. The expected revenue for Duc Giang Chemical in 2024 is nearly 9.865 trillion VND, with a 4% decrease in profit after tax compared to the previous year. The company also noted an increase in total assets to 15.82 trillion VND. The business outlook for 2025 is expected to be strong, especially in the yellow phosphorus sector.
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