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F88 Chief Accountant resigns amid strong financial growth
F88 Investment Joint Stock Company has announced the resignation of its Chief Accountant, Nguyen Hoang Luong. Citing personal reasons and a change in career direction, Mr. Luong intends to step down by August 20, 2026, or an earlier date as agreed upon by both parties. He has committed to a full handover of duties, assets, and compliance with information security and post-employment obligations.
Despite the leadership change, F88 reported strong financial growth for the first half of 2026. In the second quarter, total revenue reached 1,448 billion VND, a 57% increase year-on-year, while after-tax profit rose 102% to 303 billion VND. For the first six months of the year, cumulative profit reached nearly 545 billion VND, representing a 114% increase compared to the previous year and achieving 61% of the annual target.
Additionally, the Board of Directors approved a capital increase for F88 Business Joint Stock Company (F88KD). Following a public share offering in 2026, the company successfully distributed approximately 11.01 million shares at 71,000 VND per share, netting 764.4 billion VND. Nearly all of these net proceeds will be used to increase charter capital and supplement working capital for pawnshop services at F88KD.
Entities
F88 Business Joint Stock Company · F88 Investment Joint Stock Company · Nguyen Hoang Luong