At a board meeting, Tien Phong Securities dismissed Nguyen Chi Thanh six months after he took office and appointed him interim general director. The role of legal representative was also transferred to another executive, while nine-month results showed solid growth.
Tien Phong Securities Joint Stock Company (ORS) announced a resolution dated 5 November 2026 to dismiss Nguyen Chi Thanh from the position of general director and appoint him as interim general director. At the same time, the role of legal representative was transferred to another executive, and board chair Nguyen Hong Quang newly took office as the legal representative.
Thanh had been appointed head of the board on 23 April 2026. Following his dismissal, he will no longer be considered an internal company party. His term as interim president will remain effective until formal notification is issued.
Financially, third-quarter operating revenue was approximately VND489 billion, up 37% year on year, while profit before tax was approximately VND109 billion and profit after tax was approximately VND86 billion, both down year on year due to higher operating expenses. On a cumulative nine-month basis, total revenue was approximately VND1.125 trillion, a slight increase year on year. Profit before tax was approximately VND313 billion, more than nine times the previous year, while profit after tax reached approximately VND250 billion, a substantial increase from the first half of 2025.
The full-year 2026 targets were set at revenue of VND2.25 trillion and profit before tax of VND428 billion. As of the nine-month mark, profit before tax had reached VND313 billion, already achieving approximately 73% of the full-year target. The new management structure is scheduled to continue operations toward achieving the remaining targets by year-end.