Dien Quang Group Joint Stock Company held its 2025 annual shareholders' meeting after reporting a record pre-tax loss of VND 121 billion in 2024.
Dien Quang Group Joint Stock Company held its 2025 annual shareholders' meeting after reporting a record pre-tax loss of VND 121 billion in 2024. The company experienced its second consecutive year of losses and accumulated a retained loss of VND 86 billion by the end of 2024. It planned not to pay dividends in 2025 to focus on financial recovery. Traditional lighting and electrical products faced a saturated market and fierce competition, causing business activities to stagnate. Export revenue grew, but overall sales remained low and faced potential risks from export tariffs.
Dien Quang Group Joint Stock Company held its 2025 annual shareholders' meeting after reporting a record pre-tax loss of VND 121 billion in 2024. The company experienced its second consecutive year of losses and accumulated a retained loss of VND 86 billion by the end of 2024. It planned not to pay dividends in 2025 to focus on financial recovery. Traditional lighting and electrical products faced a saturated market and fierce competition, causing business activities to stagnate. Export revenue grew, but overall sales remained low and faced potential risks from export tariffs.
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