Hai Phat Invest Joint Stock Company (Hai Phat Invest) was held successfully the Annual General Meeting of Shareholders on March 29 at Grand Plaza Hotel. At the meeting, many important contents related to Hai Phat Invest’s plan and development orientation in 2019 were approved under the agreement of 100% of attending stakeholders.
At the beginning, many reports on business activity results’ 2018, and submission related to Hai Phat Invest’s development orientation in 2019 were presented to shareholders. In particular, the revenue and profit indicators of Hai Phat rose impressively, compared to 2017. Especially, the consolidated after- tax profit reached VND 452 billion, up 39.1% compared to 2017.
According to Hai Phat Invest’s leaders, there are many fluctuations and difficulty in 2019. There are some certain advantages when the domestic macro economy is assessed to be stable, so there are many opportunities from the opening of the economy through the signed agreements such as foreign investment capital. In 2019, Hai Phat Invest focus on the core business activities of investment and real estate business, promoting and expanding, developing resort real estate segment, industrial real estate in potential provinces/ cities such as Binh Thuan, Can Tho, Nha Trang, Da Nang, Ba Ria – Vung Tau, Thai Binh,…. with the target of VND 4,294.2 billion revenue and VND 720 billion profit, up 59.3% compared to previous year. At the same time, Hai Phat plans to increase its chartered capital to 2,875 billion VND by issuing individual shares and dividing dividend to existing shareholders. Besides, the Company expects to issue 4,000 billion VND of bonds, including 1,000 billion VND of convertible bonds.
At the end of the meeting, the General Meeting agreed to approve all of submitted contents with absolute percentage. At that time, the Board of Directions were authorized to implement these contents based on the highest return on the shareholders. On the basis of best achievements in 2018, the Board of Directions, the Board of Management and all employees of Hai Phat Invest are committed to make great efforts and complete the production and business goals, implement effectively and transparently in all activities in response to the support of shareholders, the trust of counter- partners and customers.