AsemconnectVietnam - Thien Long Group Joint Stock Company (code TLG - HoSE) plans flat profit in 2023 and expected dividend of 35% in 2022.

Thien Long Group has just announced the document of the Annual General Meeting of Shareholders in 2023, the meeting is expected to be held on April 27 in Ho Chi Minh City.
In 2023, Thien Long Group sets a revenue target of VND4,000 billion, up 13.6% over the same period and an expected profit after tax of VND400 billion, flat over the same period.
Business-oriented, Thien Long Group aims to elevate the FlexOffice and Colokit brands, expand distribution channels and product portfolios in key Southeast Asian markets by developing new points of sale, researching and promote the development of more SKUs at each point of sale, improve human resources, professionalize distribution channel management in Southeast Asia. Besides, focusing on promoting the development of markets in Europe, the Middle East and Africa.
Regarding dividends, in 2022, Thien Long Group presented shareholders with a dividend plan of 35%, made an advance of 30% and the remaining 5%. In 2023, the Group expects the stock to continue to 35%.
Regarding ESOP share policy, the Group plans to issue a maximum of 800,000 ESOP shares at the price of VND10,000/share for employees. ESOP shares are restricted from being transferred for 2 years from the end of the issuance and are expected to be deployed in the second and third quarters of 2023.
N.Nga
Source: VITIC/Tinnhanhchungkhoan