Nam Kim Steel Vice Chairman resigns amid financial growth

Nam Kim Steel Joint Stock Company (NKG) has announced the resignation of Vo Hoang Vu, who serves as a member of the Board of Directors and Standing Vice Chairman. According to the company, Mr. Vu submitted his resignation on September 4, 2026, citing personal reasons. The company will present the dismissal of his position to the General Meeting of Shareholders for consideration at the next meeting.

Regarding financial performance, Nam Kim Steel reported a net revenue of 4,150 billion VND in the second quarter of 2026, a 9% increase compared to the same period last year. Gross profit rose nearly 62% to 437 billion VND, while after-tax profit reached approximately 103 billion VND, reversing a loss of nearly 3 billion VND from the second quarter of the previous year.

For the first six months of the year, the company recorded a total net revenue of nearly 7,412 billion VND, a 6% decrease year-on-year, while after-tax profit doubled to 124 billion VND. For the full year of 2026, Nam Kim Steel aims for a revenue of 22,000 billion VND and a pre-tax profit of 400 billion VND.