AsemconnectVietnam - The 2023 General Meeting of Shareholders of Hoang Huy Investment Financial Services Joint Stock Company (code TCH) is scheduled to be held on July 7 in the form of an online shareholder meeting.

According to the parent company's financial statement, TCH's 2022 revenue recorded VND1,227 billion, down 5.58% compared to the performance of 2021. Profit after tax reached VND945.28 billion, up 210, 25% compared to 2021.
However, after the consolidation, TCH's 2022 revenue was recorded at VND2,093 billion, down 24.05% compared to the results achieved in 2021, profit after tax reached VND480.17 billion, down 21. 19% compared to the results achieved in 2021.
According to the company's share, the general situation of the subsidiary's real estate business was maintained and achieved quite good results, however, due to the general influence of economic fluctuations, sales revenue and service provision and consolidated profit after tax in fiscal year 2022 reached VND2,093.24 billion and VND480.17 billion, respectively, down 24.05% and 21.19% compared to 2021.
Regarding business orientation and business plan in 2023, currently, in addition to the car business, the Company is focusing resources to carry out simultaneous investment in real estate projects in Hanoi and Hai Phong. The Company determines that in 2023 there will still be many difficulties and challenges for the economy in general; the Company will maintain the commercial business activities of automobile distribution and investment management in the field of real estate business. . The Company's investments in the real estate business are large-scale, in the next 2-3 years, the products and projects will be deployed and handed over, so it will maintain profits for the Company.
Accordingly, the Board of Directors submitted to shareholders a consolidated revenue plan of VND2,200 billion, an increase of 5.11% compared to the implementation in 2022, a profit after tax of VND550 billion, an increase of 14.54% compared to 2022, paying dividends 10%.
N.Nga
Source: VITIC/Tinnhanhchungkhoan