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· Business plan 2023: Revenue reached VND 819 billion, down 4% YoY. Profit after tax reached 220 billion dong, up 7.8% YoY.
· Rubber tree exploitation plan: 2,430 ha, the target output is 9,528 tons, the capacity is 1.95 tons/ha.
· The company continues to complete the legal procedures for issuing shares to increase charter capital, the ratio is 1:1.
· Expected dividend would be 30% of charter capital if the company increases its charter capital at a ratio of 1:1 before record date, otherwise the dividend rate would be 15% of the charter capital.
· Regarding the implementation progress of 2 industrial zones North Dong Phu and South Dong Phu, the planning phase is approved by Binh Phuoc’ authority. DPR is waiting for the investment approval to be passed by the Prime Minister for these two industrial parks. Bac Dong Phu Industrial Park review report from the Ministry of Planning and Investment for area of 317 hectares was issued in May 2023. BOD confirmed that this project can be implemented in 2023. We expect the compensation rate will be approved and transferred to the company in early 2024.
Nam Dong Phu Industrial Park project, which is expected to increase its charter capital in 2023, will be eligible to apply for an investment approval.
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