Billionaire Tran Ba ​​Duong's Thaco owes the bank 3.4 billion USD, an increase of 53%

(Dan Tri) - Last year, the Company achieved a profit after tax of 3,025 billion VND, an increase of 14% compared to the previous year. Correspondingly, the Company's undistributed profit after tax increased to 16,763 billion VND.

Truong Hai Group Joint Stock Company ( Thaco ) of billionaire Tran Ba ​​Duong has just announced its financial situation for 2024 on the Hanoi Stock Exchange (HNX).

Last year, the Company achieved a profit after tax of VND 3,025 billion, an increase of 14% compared to the previous year. Correspondingly, the Company's undistributed profit after tax increased to VND 16,763 billion.

Regarding financial structure, as of December 31, 2024, Thaco has equity of VND 55,827 billion, an increase of VND 3,200 billion compared to the beginning of the period.

Liabilities amounted to VND139,754.5 billion, an increase of nearly VND22,400 billion. Of which, bank debt accounted for the majority with nearly VND91,119 billion - an increase of 53%, equivalent to USD3.4 billion. The company also owes VND13,334 billion in bonds.

About Thaco, the company was established in 1997 in Dong Nai , founded by Mr. Tran Ba ​​Duong, who is also Chairman of the Board of Directors.

Currently, this group has 6 members: Thaco Auto (automobiles), Thaco Industries (mechanics and supporting industries), Thaco Agri ( agriculture ), Thadico (investment, construction), Thisco (trade and services), Thilogi (logistics).

Thaco's business situation (Photo: HNX).

In his New Year message, Chairman Tran Ba ​​Duong announced that this year he will recruit 26,149 employees, bringing the total number of employees to 77,161.

Source: https://dantri.com.vn/kinh-doanh/thaco-cua-ty-phu-tran-ba-duong-no-ngan-hang-34-ty-usd-tang-53-20250918120746132.htm