PTSC Thanh Hoa successfully organized Annual General Meeting in 2018

In the afternoon of 31^st March 2018, Annual general meeting of PTSC Thanh Hoa Port Joint Stock Company was organized at 1^st floor meeting room, PTSC Thanh Hoa office, Nghi Son commune, Tinh Gia district, Thanh Hoa province.
Attending the shareholders' meeting were Mr. Nguyen Hung Dung – Labor Hero, PVN Vice President, Mr. Thai Quoc Hiep - Secretary of Party Committee / Chairman of PTSC and the shareholders who are the owners of 39,694,300 shares (99.24%).

PVN’s executives, PTSC executives and shareholders

Mr. Le Van Nga, Chairman of PTSC Thanh Hoa, emphasized that 2017 was a development year of PTSC Thanh Hoa in the face of many difficulties and challenges. However, with determination and effort, PTSC Thanh Hoa has made many solutions to solve difficulties, create employment for workers. Production activities and services have been stably maintained and developed. Many new contracts have signed and implemented in 2017, increasing the effective use of infrastructure; Port-operation services is increasing slightly in turnover and revenue.

All business and production activities have been implemented under safety, and the total safe working hours of PTSC Thanh Hoa was 1.659.214 hours. Especially, in 2017, PTSC Thanh Hoa achieved the targets in production and business 3 months in advance; fulfilled responsibilities to government budget; maintained good income and spiritual life of employees. PTSC Thanh Hoa has also developed two more fields: Maritime vessels service and Operation and Maintenance service, marking the completion of 04 core services: (1) Port Operation and Logistics; (2) Mechanical and Construction; (3) Maritime Vessels Service; (4) Operation and Maintenance.

Mr. Le Van Nga – PTSC Thanh Hoa’s Chairman reported activities of the Board of Directors in 2017 and plans in 2018

PTSC TH has exceeded its 2017 target set by the General Meeting of Shareholders: Revenue achieved in 2017 reached 669.48 billion, equaling 160.8% of the year plan; Profit before tax reached 34.54 billion, reaching 138.2% of the plan; Average income in 2017 reached 12.6 million per person-month.

Mr. Pham Hung Phuong – Director of PTSC Thanh Hoa reported production and business activities in 2017 and plans in 2018.

Mr. Nguyen Quang Chanh – Chief of Supervisory board reported supervisory activities in 2017 and plans in 2018.

In 2018, PTSC Thanh Hoa shall step into a development phase of core services, starting with the long-term contracts, especially the preparation for the 10^th establishment anniversary of company (2009-2019). From the results achieved in 2017 as well as the assessments, opportunities and challenges in the coming time, the Board of Directors has set out a number of work programs in 2018, especially directing the activities of expanding the market, seeking contracts, services, especially high-tech services, oil refinery services as well as small and medium EPC projects. At the same time, it is essential to promote strategic cooperation with domestic and foreign partners in order to develop and expand the core services.

Mr. Thai Quoc Hiep – Secretary of Party Committee/Chairman of PTSC spoke at the meeting.

After 3 hours, the executives and shareholders unanimously approved the contents of the Resolution of General Annual meeting in 2018.

PVN, PTSC and PTSC Thanh Hoa’s executives and shareholder took photos.

Huynh Truc Phuong - PTSC Thanh Hoa