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Cen Land Joint Stock Company (CRE) has received the resignation letter of Board member Pham Thanh Hung (Shark Hung) and will submit it to the General Meeting of Shareholders (AGM) in accordance with the company’s charter and regulatory requirements. The company also disclosed the personnel-related information to the State Securities Commission (UBCKNN) and the Ho Chi Minh City Stock Exchange (HoSE).
On April 27, 2026, CRE’s Board of Directors received the resignation of Pham Thanh Hung (Shark Hung). The company stated that it will present the resignation to the AGM as required.
In his resignation letter, Hung said he was elected to the Cen Land board for the 2023–2028 term. He requested to step down from the Board member position to focus on personal work and pursue new directions.
The resignation letter is expected to be presented at the 2026 annual AGM scheduled for 14:00 on May 22, 2026. Attendees will include all CRE shareholders as of the closing date of the shareholder list dated April 20, 2026.
For 2025, Cen Land reported consolidated net revenue of 1,323.48 billion VND, down 13.9% compared with 2024’s 1,538.00 billion VND.
Net profit from operating activities reached 98.32 billion VND, up 4.28% year over year. After tax, net profit increased to 75.1 billion VND, up 79.7% from 41.79 billion VND in 2024.
The company attributed the results to revenue recognition from core brokerage activities (over 1,040 billion VND) with improved margins, along with profit recognition from strategic business cooperation contracts.
Total assets as of December 31, 2025 were 7,544.86 billion VND, up 5.07% from 7,180.71 billion VND at the end of 2024.
Total liabilities as of December 31, 2025 were 1,597.88 billion VND, up 5% year over year. Short-term debt was 1,360.22 billion VND, while long-term debt was 237.66 billion VND, up sharply from 72.855 billion VND in 2024.
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