On April 16, 2025, Can Tho Agricultural Technical Materials Joint Stock Company (Stock Code: TSC) successfully held its second 2025 Annual General Shareholders’ Meeting online. Through the meeting, the company outlined its future development directions based on the general economic situation and the current state of its production and business operations.
During the meeting, the General Shareholders’ Meeting listened to and approved: the activity report of the Board of Directors (BOD), the Supervisory Board (SB), and the General Director (CEO) for 2024, as well as the operational plan for 2025; the profit distribution plan for 2024 and the business plan for 2025; the financial report for 2024; the remuneration paid to the BOD and SB in 2024, and the payment plan for 2025; and the approval of revenue and expense contracts between the company and related parties.
TSC’s Annual General Shareholders’ Meeting was held online.
In 2025, amidst the fluctuations in both domestic and international economic and political landscapes, the company has proactively invested in upgrading technology and improving production processes to increase product value, thereby enhancing its competitiveness in the global market. Within TSC’s ecosystem, the company has clearly identified its goal to focus on developing high-performance business sectors such as bottled water (Vikoda) and agricultural product processing (Westfood). At the same time, TSC is intensifying the development of cosmetic products following the “green consumption” trend, which is environmentally friendly (FIT Cosmetics).
The 2025 Annual General Shareholders’ Meeting of TSC was successfully held.
In addition, the company is also focusing on investing in research and development (R&D) activities and expanding its distribution network, which contributes to strengthening its core competitiveness and driving growth in both revenue and profit in the near future. Notably, the Westfood Hau Giang factory project, under the Western Export Food Processing Joint Stock Company (a subsidiary of TSC), has completed the legal procedures and began construction in June 2024. It is expected to reach an output capacity of 30,000 tons per year, further solidifying the company’s stature in the production and business sector. At the same time, TSC is reaffirming and reinforcing its responsibility towards the environment and the local community by ensuring workplace safety and environmental hygiene in its factories.
Through the right direction from the leadership and future development efforts, TSC is determined to achieve a revenue of over 939 billion VND and an after-tax profit of over 49 billion VND in 2025, marking an increase of 49.44% and 64.4%, respectively, compared to the previous year.