Viettronics Tan Binh Joint Stock Company (VTB) announces Board Resolution No.22/2019 dated October 08, 2019 as follows:

The Board of Directors approved the business performance in the first 09 months of 2019 of VTB and member companies:

1. Revenue and profit in the first 09 months of 2019:

-       Separate revenue: 113.4 billion dongs (25.2% of the revenue target of 450.4 billion dongs)

-       Consolidated revenue: 290.7 billion dongs (48.6% of the revenue target of 598.0 billion dongs)

-       Separate profit before tax: 6.5 billion dongs (36.0% of the revenue target of 18.1 billion dongs)

-       Consolidated profit before tax: 13.2 billion dongs (59.9% of the revenue target of 24.5 billion dongs)

2. Report on the Skyworth cooperation and other projects.
3. Report on projects Pham Van Hai, Cat Lai, 248 A No Trang Long.

The Board of Directors approved the business targets for the last 03 months of 2019:

-       Separate revenue: 165.9 billion dongs

-       Consolidated revenue: 380.0 billion dongs

-       Separate profit before tax: 10.1 billion dongs

-       Consolidated profit before tax: 18.5 billion dongs.