From January 1, 2025, Ms. Dang Thi Lai will leave her position as Senior Director - Finance to assume a new role as a non-executive member of the Board of Directors (BOD). During the 2024-2029 term, she will continue to contribute to the strategic planning process and participate in making important decisions, based on her 35 years of experience with PNJ. Under her leadership, the company has built a solid financial foundation, promoting long-term sustainable development.
Mr. Nguyen Minh Hai was appointed as Senior Director - Finance for a three-year term, starting from January 1, 2025.
Prior to this position, Mr. Hai was the Director of Financial Investment Strategy at PNJ and made many outstanding contributions in the financial sector. In his new role, he will focus on managing and implementing financial strategies to strengthen PNJ's position in the market, improve operational efficiency and promote sustainable growth.
Along with the personnel adjustment, PNJ announced its business report for November. Revenue reached VND2,839 billion, down 9% compared to the same period last year, but after-tax profit increased sharply by 39%, reaching VND276 billion - the highest level in the past 9 months. Profit in the two months of October and November reached VND494 billion, up 26% compared to the same period and far exceeding the achievements of the second and third quarters.
In the first 11 months of 2024, PNJ recorded net revenue of VND 35,210 billion, up 19.4% over the same period. Profit after tax reached VND 1,876 billion, up 8.3%, equivalent to completing nearly 95% of the revenue plan and 90% of the profit target for the whole year.
Jewelry retail sales increased by 15.9%, thanks to the strategy of expanding the store network, optimizing product lines and improving service quality. Creative marketing activities also contributed to increasing the rate of returning customers and reaching many new customers.