On April 21, 2025, at Queen Plaza Tan Binh Conference Center, Alta Group successfully held its 2025 Annual General Shareholders’ Meeting. The event saw the attendance of the Board of Directors, Executive Board, Supervisory Board, major shareholders, and representatives of member companies within the Alta ecosystem. The meeting took place in a formal and professional atmosphere, reflecting high consensus and strategic alignment between leadership and the shareholder community, laying a solid foundation for comprehensive development in 2025.

At the Meeting, the Executive Board presented the 2024 business performance report, recording Alta Group’s consolidated revenue exceeding VND 415 billion, an increase of 36.5% compared to the same period last year. However, pre-tax profit decreased by 37.6%, reaching VND 5.32 billion, mainly due to increased input cost pressures. Specifically, the USD exchange rate rose by 4.31%, leading to higher import prices of raw materials, while electricity costs increased by 5%, labor costs rose by 13.6%, and investments in brand promotion, product research and development all recorded significant increases to serve the goal of market expansion.

Sector-based analysis shows the plastic packaging sector achieved impressive revenue growth of 44%, but profit margin remained low due to a product structure leaning towards raw material sales. The software sector continued to face difficulties as revenue did not meet expectations while fixed costs for technical personnel and system operations remained high, resulting in losses. In the media segment, revenue remained stable but profit was negative as Alta Media promoted investment in a new LED system to reposition its service capabilities.

In terms of finance, the Group’s total assets increased by 10.6% while inventory increased by 31.3%, reflecting the policy of stockpiling raw materials for next year’s orders. Short-term debt rose from VND 104 billion to VND 139 billion, pushing the debt leverage ratio from 0.48 to 0.65. Efficiency indicators such as ROA and ROE decreased to 0.88% and 1.46%, respectively, mainly due to gross profit margin declining from 14.2% to 11.98% under rising cost pressure.

The HR report recorded Alta Group’s total workforce as 377 employees, a decrease of approximately 7% compared to the previous year. However, the average salary increased to VND 13.65 million/month, showing efforts to improve income and ensure the livelihoods of employees amid rising living costs. Notably, no labor accidents were recorded in 2024. Welfare and union activities were fully implemented, contributing to a stable and safe working environment.

ALTA’s Grassroots Trade Union Committee, together with the Executive Board, consistently cared for both the spiritual and material life of workers, earning the title of Outstanding Strong Grassroots Trade Union for seven consecutive years (from 2018 to 2024) awarded by the Ho Chi Minh City Federation of Labor. In 2024, the Chairman of the Grassroots Trade Union received the Certificate of Merit from the Ho Chi Minh City Federation of Labor – “July 28 Award” – for excellent performance in trade union activities.

The Board of Directors acknowledged the Executive Board’s flexible management efforts in maintaining production and gradually expanding new markets, despite achieving only 61% of the pre-tax profit plan and 45% of the post-tax profit plan. During the year, the Board held 7 meetings with 100% attendance, ensuring close supervision of operations, finance, and internal affairs.

Entering 2025, Alta Group officially implements the “One Alta” strategy – aiming to connect member companies including Alta Plastics, Alta Media, Alta Software, and In Âu Lạc to build an integrated ecosystem, optimize operations, and enhance resource utilization efficiency. Accordingly, the units will share the ERP system, connect financial, HR, and marketing processes. Brand unification and customer database sharing will improve communication effectiveness, support flexible cash flow among units, and enhance overall investment efficiency. The One Alta model deployment roadmap will be divided quarterly with planned budget allocation and strict KPI control.

Currently, Alta Group has affirmed its position in each core sector. Alta Plastics pioneers in developing biodegradable plastic packaging and has received the Vietnam Eco-label. Alta Media ranks top 2 nationwide in LED screen rental services with integrated content. Alta Software provides enterprise management software solutions, CRM, and AI applications for small and medium-sized businesses. In Âu Lạc remains a reliable partner in the premium pharmaceutical packaging sector, meeting GMP manufacturing standards.

At the Meeting, shareholders voted to approve all presented contents, including the 2024 Audited Financial Report, Reports from the Board of Directors, Executive Board, and Supervisory Board. At the same time, the Meeting unanimously authorized the Board of Directors to proactively adjust profit plans and dividend policy for 2025 depending on actual circumstances, and report back at the 2026 Meeting. Additional items on capital increase for subsidiaries, registration of new business lines, proposed audit firm list, and remuneration policy for Board members, Supervisory Board, and Executive Board were also approved with high consensus.

In the final session of the Meeting, several key solutions were agreed upon to realize the 2025 growth objectives, including focused investment in LED equipment, plastic machinery, and software R&D; effective implementation of the One Alta model to create synergistic power across the ecosystem; enhanced training and recruitment of high-quality human resources; and tightened risk management in finance, legal, and branding. In addition, marketing activities in 2025 will be strengthened in a synchronized direction, emphasizing three strategic pillars: Technology – Events – Green Packaging, to affirm Alta Group as a pioneering brand in innovation and sustainable development.

With the motto “ALTA—Your sincere partner,” the Board of Directors, Executive Board, company employees, and shareholders are determined to work together to successfully implement the 2025 General Shareholders’ Meeting Resolution of Tan Binh Cultural Joint Stock Company—ALTA.