HSI: Resolution of the AGM 2014
General Materials Biochemistry Fertilizer Joint Stock Company announced the resolution of the 2013 annual general meeting dated March 15, 2014 as follows:
Article 1: The AGM approved report of the CEO on profit and loss in fiscal year 2013:
No. Term Unit 2012 2013 Different (%) 1 Total revenue million dongs 1,064,376 521,179 -51.03% 2 Profit before tax million dongs -1,497 -76,496 3 Profit after tax million dongs -2,000 -76,496 4 Earnings per share dongs -192 -7,675 5 Short-term assets/Total assets % 83.18 74.70 6 Long-term assets/Total assets % 16.82 25.30 7 Liabilities/Total resources % 83.80 90.15 8 Return on sales (ROS) % -15 9 Return On Assets (ROA) % -0.24 -13 10 Return on Equity (ROE) % -2 -76 Article 2: The AGM approved the audited financial statements in fiscal year 2013Article 3: The AGM approved report on management operating of Board of Supervisors in 2013.Article 4: The AGM approved report on management business in 2013 and business plan for 2014 of Board of Directors
No.
Term
Unit
2012
2013
Different (%)
1
Total revenue
million dongs
1,064,376
521,179
-51.03%
2
Profit before tax
-1,497
-76,496
3
Profit after tax
-2,000
4
Earnings per share
dongs
-192
-7,675
5
Short-term assets/Total assets
%
83.18
74.70
6
Long-term assets/Total assets
16.82
25.30
7
Liabilities/Total resources
83.80
90.15
8
Return on sales (ROS)
-15
9
Return On Assets (ROA)
-0.24
-13
10
Return on Equity (ROE)
-2
-76
Article 2: The AGM approved the audited financial statements in fiscal year 2013
Article 3: The AGM approved report on management operating of Board of Supervisors in 2013.
Article 4: The AGM approved report on management business in 2013 and business plan for 2014 of Board of Directors
No. Term Unit 2013 2014 Different (%) 1 Revenue from selling and service supply million dongs 521,179 600,000 6.78% 2 Profit before tax million dongs -76,496 10,000 3 Total production Tons 34,423 40,000 16.20% 4 Labor - wages Labor Person 267 270 1.12% Average income/person/month million dongs 4.5 4.5 100% 5 Construction in progress million dongs 14,958 10,000 -33.15% 6 Dividend % Article 5: The AGM approved remuneration of the Board of Directors, the Board of Supervisors in 2013 and 2014: 3% of profit after tax.Bonus fund: 10% of the exceeded profit.Article 6: The AGM authorized the BOD to choose an auditing firm for 2014.Article 7: The AGM approved to elect the BOD Chairman concurrently as CEO.Article 8: - The AGM approved Mr. Nguyen Tan Quoc was appointed as member of the BOD in the term 2011-2016- The AGM approved Mr. Huynh Thanh Dien and Ms. Huynh Minh Thu was appointed as member of the Supervisory Board in the term 2011-2016.
2014
Revenue from selling and service supply
600,000
6.78%
10,000
Total production
Tons
34,423
40,000
16.20%
Labor - wages
Labor
Person
267
270
1.12%
Average income/person/month
4.5
100%
Construction in progress
14,958
-33.15%
Dividend
Article 5: The AGM approved remuneration of the Board of Directors, the Board of Supervisors in 2013 and 2014: 3% of profit after tax.
Bonus fund: 10% of the exceeded profit.
Article 6: The AGM authorized the BOD to choose an auditing firm for 2014.
Article 7: The AGM approved to elect the BOD Chairman concurrently as CEO.
Article 8:
- The AGM approved Mr. Nguyen Tan Quoc was appointed as member of the BOD in the term 2011-2016
- The AGM approved Mr. Huynh Thanh Dien and Ms. Huynh Minh Thu was appointed as member of the Supervisory Board in the term 2011-2016.
HOSE
> OGC: Resolution on organizing the AGM 2014 (18/03/2014)
> TIE: TIE announces type of financial statements in 2014 (18/03/2014)
> TRC: adjusts time to organize 2014 AGM (18/03/2014)
> TH1: Financial Statement FY 2013 (18/03/2014)
> TBX: Financial Statement FY 2013 (18/03/2014)
> TJC: Financial Statement FY 2013 (18/03/2014)
> CTN: Explanation for the difference in profit of FS 2013 before and after audit (18/03/2014)
> VHH: Financial Statement Quarter 4/2014 (18/03/2014)
> CAP: Notice of Annual General Meeting of Shareholders (18/03/2014)
> AMC: Financial Statement FY 2013 (18/03/2014)
