PTSC Thanh Hoa successfully organized the Annual Shareholders Meeting 2020

On 22/5/2020, in Thanh Hoa, PTSC Thanh Hoa General Petroleum Service Port Joint Stock Company (Thanh Hoa PTSc Company) successfully organized the Annual General Meeting of Shareholders in 2020.

Attending the Meeting, on the side of the guest delegates were Mr. Nguyen Hung Dung - Labor Hero, Member of the Board of Members of Vietnam National Oil and Gas Group; Mr. Thai Quoc Hiep - Former Party Secretary / Former Chairman of the Corporation, Mr. Nguyen Tran Toan - Deputy General Director, Chairman of Trade Union of PTSC Corporation. On the side of PTSC Thanh Hoa, the Presidium running the meeting was Mr. Le Van Nga - Secretary of the Party Committee, Chairman of the Board of Directors; Mr. Pham Hung Phuong - Deputy Secretary of Party Committee, Company Director; Mr. Nguyen Khac Dung - Deputy Director of the Company and shareholders who are owners of 39,623,000 PSN shares (99.06%) attended.

The congress heard and approved the reports on activities in 2019 and directions and tasks for the Board of Directors in 2020; report on production and business situation (production and business) in 2019 and targets of production and business plan in 2020 of the Executive Board; Operation Report 2019 of the Board of Supervisors and the proposal to select an audit unit in 2020; Financial statements for 2019 and Profit distribution plan for 2019, profit distribution plan for 2020; Report of remuneration and remuneration 2019 of the Board of Directors, the Supervisory Board and the plan for 2020.

Mr. Le Van Nga - Secretary of the Party Committee, Chairman of the Board of Directors reports on the performance of the Board of Directors in 2019 and the plan for 2020.

Reported at the Meeting, the Board of Directors of PTSC Thanh Hoa Company said that 2019 is the year that PTSC Thanh Hoa Company continues to face many difficulties and challenges. Most of the company's revenue in service areas decreased compared to 2018 due to the impact of the decline in workload and service prices. By setting a sustainable development goal, gradually removing difficulties based on promoting the advantages of multi-services, resources, infrastructure ... PTSC Thanh Hoa Company has completed the targets of the General Meeting of Shareholders. The company has approved with the revenue of VND 902.58 billion in 2019, reaching 111.85% of the 2019 plan; Profit before tax was VND 40.19 billion, reaching 100.47% of the plan for 2019 and in 2020, PTSC Thanh Hoa planned revenue of VND 830.34 billion, profit before tax of VND 35 billion.

Mr. Pham Hung Phuong - Deputy Secretary of the Party Committee, Director of the Company reports the business results in 2019 and the plan for 2020.

After listening to the reports, reports, the meeting conducted discussions, contributed ideas, the shareholders approved all the content presented at the meeting with a high rate of unanimity. In particular, the shareholders approved the profit distribution plan in 2019 and the financial plan of PTSC Thanh Hoa in 2020 with a cash dividend of 2019 at 7% / charter capital higher than the plan. dividend plan in 2019 is 5% / charter capital and dividend plan in 2020 is 5% / charter capital; through the addition of a business line; remuneration and operating expenses of the Board of Directors and the Supervisory Board.

Speaking at the meeting, Mr. Nguyen Tran Toan - Deputy General Director / Chairman of Trade Union of PTSC Corporation highly appreciated the activities and achievements achieved in the past year and stated that 2020 is a difficult year. challenges for units in the context of double effects due to oil prices plunged in the past 20 years with the increasingly complicated movements of the Covid-19 epidemic. He believes that PTSC TH will continue to grow, overcome difficulties, challenges and fulfill the business and production targets assigned by the General Meeting of Shareholders in 2020

Mr. Nguyen Tran Toan - Deputy General Director / Chairman of the Corporation's General Director speaks at the Meeting.

Also at the Meeting, Mr. Nguyen Hung Dung - Labor Hero, Member of the Board of Members of Vietnam National Oil and Gas Group expressed his delight at the results of PTSC Thanh Hoa's efforts to achieve in 2019. and hope that in the coming 2020, PTSC Thanh Hoa will maintain stable types of services, successfully complete the tasks assigned by Shareholders and PTSC.

Mr. Nguyen Hung Dung - Member of the Board of Members of Vietnam National Oil and Gas Group spoke at the Congress.

After nearly 03 working hours, the 2020 Annual General Meeting of Shareholders has been successful, the Resolution and documents of the General Meeting will be completed and announced to shareholders in accordance with the laws and regulations of PTSC Thanh. Chemistry.

Some photos at the meeting:

Ms. Bui Thi Hoai Thu - Representative of Fund Management Joint Stock Company of Vietnam Public Joint Stock Commercial Bank PVCB Capital gave a speech at the Meeting.

PTSC Thanh Hoa successfully organized the Annual Shareholders Meeting 2020.

Write Nga.T.Nguyen

Photo Duong Nguyen