AsemconnectVietnam - Lof International Dairy Products JSC (code IDP - UPCoM) approved a plan to buy back 34.29% of charter capital from existing shareholders at Ho Toan Joint Stock Company.

Lof International Dairy Products approved the transfer of 7.2 million shares from existing shareholders of Ho Toan Joint Stock Company at VND20,000/share, estimated at VND144 billion, equivalent to 34.29% of charter capital.
At the same time, Mr. Bui Hoang Sang, born in 1974, was nominated to represent the Company's capital contribution at Ho Toan Joint Stock Company.
According to research, Ho Toan Joint Stock Company was established on March 14, 2016; address at village 14, My Bang commune, Yen Son district, Tuyen Quang province; The legal representative is Luong Duy Toan; and the main activity is in the field of buffalo and cattle breeding.
In terms of business activities, in the first quarter of 2025, Lof International Milk recorded revenue of VND1,831.65 billion, an increase of 15.6% over the same period, profit after tax reached VND107 billion, a decrease of 52.1% over the same period last year. In which, gross profit margin increased slightly from 38.9% to 39.4%.
In 2025, Lof International Milk sets a revenue target of VND8,400 - 8,800 billion, profit after tax of VND360 - 440 billion.
Thus, ending the first quarter of 2025 with a profit after tax of VND107 billion, Lof International Milk has completed 29.7% of the profit plan of VND360 billion and completed 24.3% of the profit plan of VND440 billion in 2025.
N.Nga
Source: VITIC/Tinnhanhchungkhoan