Yeah1 (YEG) to hold 2025 Annual General Meeting of Shareholders in April
Tuesday, March 11,2025
AsemconnectVietnam - Yeah1 Group Corporation (code YEG - HOSE) plans to hold the 2025 General Meeting of Shareholders, and at the same time reveals its business plan for the fiscal year.
On March 21, Yeah1 will finalize the list of shareholders to attend the 2025 Annual General Meeting of Shareholders, which is expected to be held in April 2025. In particular, the Company plans to submit to shareholders for approval the 2024 Financial Report, 2024 business situation, and 2025 business plan.
In 2025, Yeah1 plans to continue to deploy high-class entertainment programs such as "Tan Binh Toan Nang" and "Gia Dinh HaHa". According to the latest report from YouNet Media, although it is still in the recruitment stage and has not been broadcast yet, “Tan Binh Toan Nang” has entered the Top 3 most discussed topics on social networks, showing the great expectations from fans for a beloved producer.
In addition, with “Gia Dinh Haha”, Yeah1 hopes to not only create an interesting entertainment product for the audience to increase their love for their homeland but also truly contribute to promoting the economy - tourism and promoting the culture of each land where the program is filmed.
In addition, Yeah1 also announced that it will implement a rather ambitious market development plan, including expanding international cooperation with many big names in the entertainment industry. Specifically, Yeah1 will continue to cooperate with Mango TV more deeply in producing multi-platform entertainment programs; is a strategic partner of Sony Music Entertainment - one of the "Big Three" of the global music industry - in the production and distribution of Vietnamese music in the international market. As for 153/Joombas, an independent music empire, representing the Asian cultural wave in the global entertainment industry, will also cooperate with YeaH1 to develop the training and management of young Vietnamese talents, creating a cultural bridge between the country and entertainment powerhouses such as Korea and China.
In the field of content production, Yeah1 continues to strongly expand the multi-channel distribution ecosystem from the social network YouTube, Facebook, TikTok, Threads, website as well as expand cooperation with other digital platforms in broadcasting and distributing its content.
In terms of business activities, previously, in 2024, Yeah1 recorded revenue of VND1,006.9 billion, an increase of 144.6% over the same period, and profit after tax of VND126.77 billion, an increase of 378% over the same period.
In 2024, Yeah1 built 2 business scenarios. In which, if conditions are favorable, the Company expects revenue of VND1,100 billion and profit after tax of VND105 billion; and if conditions are average, revenue is expected to be VND800 billion and profit after tax is expected to be VND65 billion.
Thus, ending 2024 with profit after tax of VND126.77 billion, Yeah1 has completed 120.7% of the profit plan of VND105 billion and completed 195% of the profit plan of VND 65 billion.
N.Nga
Source: VITIC/Tinnhanhchungkhoan
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