For tì so bong da hom nay fourth consecutive month, Viglacera has exceeded its profitability, in which profit for tì so bong da hom nay parent company in 4 months reached 47% of tì so bong da hom nay plan in 2017

Viglacera Corporation JSC maintains its momentum of growth as it continues to exceed its master plan target in monthly meeting celebrated on May 03rd, 2017. Accordingly, in April, tì so bong da hom nay whole Corporation’s profit was 81 billion dong, reaching 106% of tì so bong da hom nay monthly plan and 4 months-profit was 327.5 billion dong, reaching 36% of tì so bong da hom nay annual plan and 1.57 times as much as tì so bong da hom nay same period of 2016.

Consolidated profit in April was 79.6 billion dong, reaching 106% of tì so bong da hom nay monthly plan and accumulated 4 months-profit was 322.6 billion dong, reaching 36% of tì so bong da hom nay annual plan; increasing tì so bong da hom nay profit of 116 billion dong compared with tì so bong da hom nay same period of 2016. In which, tì so bong da hom nay parent company: In April, profit was 48 billion dong, reaching 108% of monthly plan and accumulated 4 months-profit was 232 billion dong, reaching 47% of tì so bong da hom nay annual plan, increasing 109 billion compared with tì so bong da hom nay same period of 2016. In April, subsidiaries's profit was 31 billion dong, reaching 102% of tì so bong da hom nay monthly plan and accumulated 4 months-profit was 92.5 billion dong, reaching 24% of tì so bong da hom nay annual plan, increasing profit of 9.8 billion dong over tì so bong da hom nay same period of 2016. Profit of associated companies in April was 1.9 billion, reaching 96% of monthly plan, accumulated 4 months profit was 2.9 billion, reaching 10% of annual plan, increasing 0.8 billion compared with tì so bong da hom nay same period of 2016.

Monthly meeting in May, 2017

Deputy General Director, Director of Planning & Invesment Division – Mr. Nguyen Anh Tuan reported on result of April, 2017 and plan for May, 2017

In April 2014, Viglacera, with tì so bong da hom nay stock code VGC, successfully held tì so bong da hom nay 2017 Annual General Meeting of Shareholeders. With tì so bong da hom nay high approval rate, tì so bong da hom nay General Meeting approved tì so bong da hom nay following main contents: Report of tì so bong da hom nay Board of Management, Report of tì so bong da hom nay Board of Directors on tì so bong da hom nay results of business activities in 2016 and tì so bong da hom nay plan for 2017; Report of tì so bong da hom nay Supervisory Board in 2016; tì so bong da hom nay plan to increase charter capital from 3,070 billion dong to 4,270 billion dong by issuing 120 million shares to tì so bong da hom nay public in tì so bong da hom nay form of public auction, to reduce tì so bong da hom nay rate of State ownership from 78.82 % to 56.67%, proceed to reduce under 51% according to tì so bong da hom nay approved schedule.

General Director – Mr. Nguyen Anh Tuan at tì so bong da hom nay meeting

Speaking at tì so bong da hom nay meeting, Viglacera's General Director - Mr. Nguyen Anh Tuan continued to appreciate tì so bong da hom nay efforts of all tì so bong da hom nay leaders and staffs of tì so bong da hom nay Corporation in April, 2017 in particular and in tì so bong da hom nay first 4 months of tì so bong da hom nay year in general, praising companies that have made a great contribution to tì so bong da hom nay result of tì so bong da hom nay Corporation such as Viglacera Float Glass Company, Viglacera Real Estate Trading Company, Viglacera Infrastructure Investment and Development Company and Viglacera Ha Long Joint Stock Company.

tì so bong da hom nay main targets in tì so bong da hom nay business plan in April reached and exceeded tì so bong da hom nay plan as a result of close and drastic direction right from tì so bong da hom nay beginning of tì so bong da hom nay first month of 2017. tì so bong da hom nay figures from tì so bong da hom nay operations of tì so bong da hom nay parent company and its subsidiaries and associated companies clearly show tì so bong da hom nay effectiveness of tì so bong da hom nay leaders as well as tì so bong da hom nay correct strategy and program of action of Corporation. In May 2017, tì so bong da hom nay General Director requested divisions, departments focus on tì so bong da hom nay program of increasing capital to continue investing in tì so bong da hom nay potential new projects of tì so bong da hom nay Corporation such as Dong Van 4 Industrial Zone, Yen Phong phase 2, project of My Xuan high-grade sanitary ware factory and ultra-clear glass factory in Vung Tau. Continuing to strengthen tì so bong da hom nay organization and operation of management boards and investment steering committees to keep pace with and ensure tì so bong da hom nay speed of progress of projects. As tì so bong da hom nay hot and stormy season approaching, tì so bong da hom nay General Director also asked tì so bong da hom nay Working Group to closely and drastically inspect tì so bong da hom nay work safety, fire and explosion prevention and fighting and flood prevention at tì so bong da hom nay factories, improving tì so bong da hom nay summer drinking water for laborers, especially to ensure compliance with tì so bong da hom nay new and amendment regulations as tì so bong da hom nay Law on Food Safety; Decree No. 44/2016/ND-CP, Decree 39/2016/ND-CP detailing tì so bong da hom nay implementation of tì so bong da hom nay Law on Occupational Safety and Hygiene.

Business results in April has exceeded tì so bong da hom nay target for tì so bong da hom nay fourth consecutive month. tì so bong da hom nay Corporation has exceeded tì so bong da hom nay planned profit target for tì so bong da hom nay fourth consecutive month. Profit of tì so bong da hom nay Parent company has reached 47% of tì so bong da hom nay annual plan .

On tì so bong da hom nay basis of tì so bong da hom nay targets and tasks planned in May, tì so bong da hom nay leaders of tì so bong da hom nay Corporation asked subsidiaries and other companies to focus on directing tì so bong da hom nay synchronous implementation of solutions to improve business performance, focusing on tì so bong da hom nay development and expansion of tì so bong da hom nay market in order to increase tì so bong da hom nay revenue, sales volume and reduce inventory; strengthening debt recovery, preparing sufficient conditions and resources for tì so bong da hom nay implementation of key projects of tì so bong da hom nay Corporation in tì so bong da hom nay field of building materials and real estate to keep pace with tì so bong da hom nay plan and strive to exceed tì so bong da hom nay committed targets of tì so bong da hom nay first 6 months of 2017 .