2024 - Development strategies based on core values

On April 24, Everpia Joint Stock Company (stock code: EVE - HoSE) held the 2024 Annual Shareholders' Meeting. The General Meeting approved all important statements submitted for approval, such as: Business Plan for 2024, Profit Distribution and Cash Dividend 2023, ...

Opening the Meeting, Mr. Lee Jae Eun - Everpia's General Director shared: "In business, whether the economy is developing or facing recession, risks and opportunities always coexist. The success or failure of a business lies in how quickly we approach and respond to changes in customer behavior. We will constantly brainstorm and improve on strategies to accompany and develop relationships with customers, suppliers, the local community and employees. The Board of Management, as well as our employees will make every effort for Everpia to become a sustainable business even in a volatile business environment."

Mr. Lee Jae Eun - CEO of Everpia, made a statement at the shareholders' meeting.

As a manufacturing and consumer goods distribution company, Everpia is not immune to the general economic downturn. In 2023, Everpia achieved a net revenue of 786.8 billion VND, a 23% decrease compared to the previous year. The after-tax profit was nearly 19 billion VND, and the net profit margin on revenue reached 2.3%, which did not meet the target set at the annual general shareholders' meeting in 2023.

In light of this situation, Mr. Lee emphasized his deep understanding of the responsibility and duty towards the company. He promised that he and the company's leadership would make every effort to bring efficiency and growth to the company this year.

In 2024, Everpia aims to achieve a revenue of 1,000 billion VND and an after-tax profit of 60 billion VND. In terms of business direction, in the financial year 2024, the company will comprehensively restructure its product portfolio to enhance internal strength and be ready for sustainable growth.