TRAPHACO Joint Stock Company announced audited earnings results for the year 2019. For the year 2019, the company reported Net revenue from sales and services of VND 1,710 billion. Consolidated profit after tax was VND 170.6 billion.

For the year 2020, the company expects consolidated revenue of VND 2,000 billion, consolidated profit (after tax) of VND 180 billion.

The company approves the distribution plan of the after-tax profit in 2019 as follows: Dividend payout, 2019 is VND 124,351,620,000.

The company provided Distribution Plan guidance for the year 2020. Dividend payout, 2020 is 30% of face value in cash.

The General Assembly of Shareholders approved the dismissal of the position of member of the Board of Directors of Traphaco Joint Stock Company for Mr. Nguyen Quoc Huy, Mr. Ji Chang Won, Mr. Lee Choong Hwan. The General Assembly of Shareholders approved the election of Mr. Vu Tri Thuc, Mr. Lee Tae Yon, Mr. Chung Ji Kwang as members of the Board of Directors of Traphaco Joint Stock Company for the 2016-2020 term. The General Assembly of Shareholders approved the election of Mr. Kwon Ki Bum as a member of the Board of Supervisors of Traphaco Joint Stock Company for the 2016 - 2020 term.