Mr. Luong Tri Thin ceased to be Chairman of the Board of Directors of Dat Xanh Group.

On the afternoon of July 3, Dat Xanh Group Joint Stock Company (Dat Xanh - DXG) announced the Board of Directors' Resolution on the establishment of the Strategy Council and important personnel changes in the Board of Directors.

Accordingly, the Resolution approved the election of Mr. Luong Ngoc Huy as the new Chairman of the Board of Directors to replace Mr. Luong Tri Thin from July 3, 2024. At the same time, the Resolution also announced that Mr. Luong Tri Thin holds the position of Chairman of the Strategic Council of Dat Xanh. The Board of Directors also authorized the Chairman of the Strategic Council to issue regulations on the organization and operation of the Board of Directors.

Mr. Luong Tri Thin said that although he is not the chairman, he is still a member of the Board of Directors and a major shareholder of Dat Xanh. He will closely guide and direct the company to develop in the right direction and sustainably.

Dat Xanh Group Building

Thus, the Board of Directors of Dat Xanh in the coming time will include: Mr. Luong Ngoc Huy, Chairman of the Board of Directors; the remaining members of the Board of Directors include: Mr. Luong Tri Thin, Mr. Bui Ngoc Duc, Mr. Ha Duc Hieu and Mr. Nguyen Pham Anh Tai (independent member of the Board of Directors).

It is known that Mr. Luong Xuan Huy is the younger brother of Mr. Luong Tri Thin. Mr. Huy joined Dat Xanh Group as a senior manager of the group's Investment Department. Mr. Luong Ngoc Huy has been in charge of important tasks related to the company's core business activities, including investment promotion and investment - construction legal affairs.

Mr. Huy said that in the coming period, the Board of Directors will focus on further perfecting the governance regulations in a specialized direction, enhancing the role of each member to promptly handle issues arising in business operations, maximally protect shareholders' interests, and complete the approved business plan in 2024.

Dat Xanh's Board of Directors has identified key tasks, focusing on core areas of real estate services and real estate development. At the same time, it continues to perfect technology platforms to serve the business sector.

Along with the recovery of the real estate market, in the first quarter of 2024, Dat Xanh achieved net revenue of VND 1,064 billion, an increase of 181% over the same period, profit after tax reached VND 77.6 billion (in the same period last year, it lost VND 117 billion).

The structure shows that revenue mainly comes from selling apartments and land plots with VND 821 billion, up 207%, revenue from brokerage services accounts for a lower proportion with VND 189 billion, up 130% over the same period in 2023. Revenue from management, leasing and investment real estate services also increased by 43% to VND 53 billion...

Source: https://nld.com.vn/ong-luong-tri-thin-thoi-lam-chu-tich-hdqt-tap-doan-dat-xanh-196240703180046721.htm