Power of Joint Stock Corporation approach continues to be confirmed by Viglacera’s business results of ti so bong da first 6 months

ti so bong da first 6 months of 2015, business results achieved higher than planned target, Viglacera has demonstrated ti so bong da effectiveness of joint-stock enterprises.These are ti so bong da statements of Viglacera’s board leaders in ti so bong da conference of evaluating ti so bong da results of business activities in ti so bong da first 6 months and implementing business plan last 6 months of 2015, took place on June 30, 2015, at Viglacera Corporation’s headquarters, No. 1, Thang Long Avenue, Ha Noi.

Conference Room

Attending ti so bong da meeting were Chairman of Board of Management - Luyen Cong Minh, General Director - Nguyen Anh Tuan, ti so bong da Board Members, ti so bong da Deputy General Directors and all department leader of Viegalcera Corporation.

Viglacera Corporation’s profit before tax reached 50% of ti so bong da yealy plan in first 6 months of 2015, increased 6 times over ti so bong da same period of 2014, second quarter profit growth of 89% compared to first quarter;Viglacera Corporation’s revenue reached 7017 billion, gains 36% compared to ti so bong da same period of 2014, second quarter growth of 16% compared to first quarter.

In particular, ti so bong da parent company profit archived 67% of annual plan, accounting for 75.6% of ti so bong da total profit of ti so bong da Corporation;revenues reached 2,593 billion, equivalent to 54% yearly target and increase 29% compared to ti so bong da same period of 2014.

Deputy General Director, Director of Planning and Investment Nguyen Anh Tuan reports ti so bong da evaluating ti so bong da business activities results in first 6 months and executing ti so bong da business plan of last 6 months of 2015

Business performance for ti so bong da first 6 months was very positive and close to ti so bong da approved plan Annual Shareholders Meeting in year 2015. In particular of building materials field has highly growth in profit and revenue, and return on sales over ti so bong da same period.

Corporations praised 3 outstanding subsidiaries for reaching and exceeding first 6 months of business plan, major contributing to ti so bong da overall business result of ti so bong da Viglacera Corporation: Viglacera Float Glass Company, Viglacera Ha Long JSC and Viglacera Real Estate Business Company.

During ti so bong da first 6 months of 2015, several new projects are started, implemented and operated, such as: taking-over ti so bong da Dang Xa social housing at stage 3^th- inaugurated ti so bong da project of social housing at Dang Xa Urban Aream, commenced ti so bong da Phu Ha Industrial Zone, start ti so bong da "green" Granite tile production plant in ti so bong da Thai Binh, inaugurated ti so bong da clinker tile production line at Viglacera clinker Joint Stock Company, etc. Besides, several of new products with high quality, simultaneous had introducted to ti so bong da market such as ti so bong da set of energy-saving products, ti so bong da set of sustainable products, with many advantages.

Chairman Luyen Cong Minh delivered a speech at ti so bong da conference

Chairman Luyen Cong Minh highly appreciated ti so bong da Viglacera’s business results that was achieved in first 6 months, especially ti so bong da profit target, revenues all have exceeded ti so bong da plans.ti so bong da Chairman also said ti so bong da profit targets of Viglacera Corporation in 2015 is feasible.

Based on ti so bong da comprehensive and excellent performance of first 6 months targets and new opportunities to operate in ti so bong da joint stock companies model, Viglacera continue to set higher growth for last 6 months of business plan.

Leaders of ti so bong da Viglacera’s subsidiaries, heads of departments of Corporation’s presentation

In order to successfully implement ti so bong da business plan last 6 months, leaders of ti so bong da units committed to complete assigned plan from Corporation and launched presentations in re-structure, mastering ti so bong da technology, improving ti so bong da productivity, etc. In which ti so bong da presentation of applying ti so bong da ERP system in Viglacera Corporation by Head of Information Technology had attracted ti so bong da attention of ti so bong da subsidiaries’s leaders because of ti so bong da effectiveness to ti so bong da business.

General Director Nguyen Anh Tuan delivered a speech at ti so bong da conference

General Director - Nguyen Anh Tuan said: Viglacera’s business efficiency increase 6 times higher than ti so bong da same period in 2014 since transforming from state own enterprise to joint stock company formation.This confirms ti so bong da effectiveness of ti so bong da work of restructuring of enterprises.General Director Nguyen Anh Tuan also directed: beside ti so bong da implementation of business plans, ti so bong da Corporation and subsidiaries should continue to focus on ti so bong da restructuring according to ti so bong da intended schedule, also solving two major issues that are improving ti so bong da technology and quality of human resources.

With ti so bong da success that achieved in ti so bong da first 6 months and ti so bong da efforts of ti so bong da Corporation, General Director Nguyen Anh Tuan said Viglacera confidence to successfully implement ti so bong da business plan in 2015 that was committed in Annual General Shareholder Meeting year 2015, and guarantees ti so bong da best dividends to shareholders.

Some other images at meeting of evaluating ti so bong da results of business activities in ti so bong da first 6 months and implemeting business plan last 6 months of 2015: