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Searefico appoints new CEO.

Báo Đầu tưBáo Đầu tư12/09/2024


Searefico announced that Mr. Nguyen Khoa Dang has assumed the position of General Director of the company from September 9th, following the resignation of Mr. Vu Xuan Thuc.

The Board of Directors of Searefico Joint Stock Company (stock code: SRF) has just issued a resolution approving the dismissal of Mr. Vu Xuan Thuc from the position of General Director and appointing Mr. Nguyen Khoa Dang to this position effective September 9th.

The decision to dismiss him came more than a month after Mr. Thuc submitted his resignation. Specifically, in his resignation letter signed on August 5th, Mr. Thuc stated that he decided to resign for personal reasons as well as to create opportunities for talented individuals capable of leading the company to greater heights. He began handing over his duties on August 12th and wished to resign on September 8th.

Mr. Thuc, born in 1986, has served as General Director at Searefico since September 2022. In addition, he is the Chairman of the Board of Directors of Seareal Real Estate Joint Stock Company, and a member of the Board of Directors at Searefico Engineering and Construction Joint Stock Company, Searee Refrigeration and Electrical Engineering Joint Stock Company, and Phoenix Energy & Automation Joint Stock Company. All of these companies are subsidiaries of Searefico.

Regarding business performance, Searefico announced its audited consolidated semi-annual financial report for 2024, showing net revenue of VND 494 billion, a decrease of 30.7% compared to the same period last year. Searefico stated that this revenue mainly came from fulfilling equipment supply and installation contracts signed with customers.

The cost of goods sold during this period exceeded 454 billion VND, resulting in a gross profit of only 40.6 billion VND. After deducting expenses, the company reported a net profit of over 671 million VND, a decrease of 73.5% compared to the same period last year.

This year, Searefico plans to achieve revenue of 2,000 billion VND and after-tax profit of 22 billion VND. After half a year, the company has completed 24.7% of its revenue plan and 3% of its profit target.

As of the end of Q2/2024, Searefico's total assets decreased by 7.3% compared to the beginning of the year, reaching VND 1,625 billion. Equity was nearly VND 436 billion.

On the stock exchange, SRF shares are currently trading at 9,500 VND, up 16% since the beginning of the year. With over 35.5 million shares listed on the HoSE, its market capitalization is approximately 321 billion VND.



Source: https://baodautu.vn/searefico-thay-tong-giam-doc-d224507.html

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