Ms. Nguyen Thi Nhu Loan has just completed her sentence in the case over the illegal transfer of a 6,000 m² land plot at 39-39B Ben Van Don, and Quoc Cuong Gia Lai Joint Stock Company (QCG) has introduced her as its General Director. A new resolution shifts the legal representative role from Mr. Nguyen Quoc Cuong to Ms. Loan. On Facebook, Mr. Cuong posted a farewell message after two years leading the company, acknowledging that results fell short of shareholder expectations. In Q2, QCG's net revenue fell more than 90% to just over VND 11 billion, yet net profit reached over VND 165 billion thanks to other income of nearly VND 920 billion, over VND 900 billion of it from transferring hydropower plants. As of June 30, liabilities fell from VND 3,999 billion to over VND 3,010 billion, but the payable to Sunny Island still stood at nearly VND 1,583 billion for the Bac Phuoc Kien project.
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Original headline: Mẹ trở lại ghế tổng giám đốc, Cường 'đô la' có động thái gây chú ý
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