On November 9 2023, Lam Son Sugar Cane Joint Stock Corporation (Lasuco) successfully organized the 2023-2024 Annual General Meeting of Shareholders. The meeting had the participation of 28 delegates, representing 111 shareholders, with the number of shares attending the meeting 46,105,637, equal to 61.85% of the total number of shares with voting rights.
The conference approved the report on the results of implementing tasks in 2022-2023 and the 2023-2024 plan of the Executive Board; Report on the implementation of assigned duties and powers of the Board of Directors and Supervisory Board.
At the conference, Mr. Le Van Phuong, General Director of Lasuco, said that the 2022-2023 fiscal year is a favorable year for the sugar industry, especially with the increase in domestic and world sugar prices and increased output. There is a shortage of domestic sugar and the market shows signs of recovery, which has had a positive impact on the sugar industry in general. However, besides that, raw material areas decreased, prices of goods and input services for production and business increased, purchasing power decreased, supply chains were interrupted… also had a significant impact on the economy. company’s activities.
Faced with the general situation of Vietnam’s sugar industry, from the direction and close direction of the Board of Directors and Executive Board, Lasuco’s production and business activities have achieved encouraging results, many indicators still have discrepancies. growth compared to the previous year. During the fiscal year, the entire upgrade of the rock sugar production line from 30 tons to 50 tons/day was completed and put into operation ahead of schedule. Producing many types and diversity of products to meet the needs of domestic and export consumers. Production and processing operations operate stably and safely, products meet quality standards. The distribution system is maintained and increasingly expanded, export activities are promoted with the presence of Lasuco branded products in 20 countries around the world…
Fiscal year 2022-2023, Lasuco’s consolidated revenue reaches 1,807 billion VND, pre-tax profit is 39.74 billion VND; ensure jobs, income and safety for workers; Guarantee dividends for shareholders and participate in many meaningful social security activities for the development of the community.
“Stay strong – Seize the opportunity”, in the 2023-2024 production and business year, Lasuco continues to be steadfast in its goal of green, clean production and sustainable development; improve efficiency in business investment; Proactive and flexible management and administration, responding to market developments. Focus on developing raw material areas, especially intensive farming to increase productivity and quality. Promote trade, import and export activities, and participate in the global supply chain. Maintaining the brand of sugar cane and high-tech agricultural products. Innovate and create to improve labor productivity, strive to successfully complete the goals and tasks approved by the General Meeting of Shareholders with revenue reaching VND 2,202 billion, bringing Lasuco to sustainable development.
