Quarter I/2016, Viglacera continues to maintain its growth momentum before ty so bong da hom nay General Shareholders Meeting 2016

16:28 | 08/04/2016

Morning 01/4/2016, ty so bong da hom nay Corporation - JSC held a conference on Business Performance Review of Quarter I/2016 and Business Plan for Quarter II / 2016.

Attending ty so bong da hom nay meeting were ty so bong da hom nay Board of Management, Board of Directors, key staff of ty so bong da hom nay Corporation, and Directors of some subsidiaries.

At ty so bong da hom nay conference, Mr. Nguyen Anh Tuan, Deputy General Director, Director of Planning and Investment Department on behalf of ty so bong da hom nay Corporation Management presents Business Performance Results of Quarter I/2016 and Business Plan for Quarter II / 2016. Profit of Q1 is 111% of targeted profit of ty so bong da hom nay quarter, 1.5 times higher than ty so bong da hom nay same period in 2015. Especially, all key growth indicators are higher than those in ty so bong da hom nay same period last year, and basically reached targets

Deputy General Director Nguyen Anh Tuan presents Business Performance Results of Quarter I/2016 and Business Plan for Quarter II / 2016

Since ty so bong da hom nay 1st quarter, Viglacera Corporation has focused on ty so bong da hom nay investment in ty so bong da hom nay new projects, such as: groundbreaking of Tien Hai Industrial Park, inaugurated ty so bong da hom nay "green" Granite Tile production line using digital printing line in Viglacera Thai Binh granite tile plant, groundbreaking of ty so bong da hom nay expanded Yen Phong industrial Zone while continuing ty so bong da hom nay cooperation in training, R&D with many major, reputed partners in Vietnam and ty so bong da hom nay world.

In ty so bong da hom nay 1st quarter, ty so bong da hom nay Corporation required subsidiaries to focus on following tasks: (i) closely follow targets since ty so bong da hom nay first months of ty so bong da hom nay quarter; (ii) supervise ty so bong da hom nay regular repair and maintenance of machinery and equipment in ty so bong da hom nay first quarter; preparing fuel and materials, product design, budget, human resources, additional investment budgets for material production units; (iii) follow plans, schedules, quality and cost control to ensure operation of production lines stable and efficient after maintenance; (iv) purchase and store materials according to plans, with ty so bong da hom nay support of Viglacera Research and Development Institute in terms of quality assessment, to ensure quality, quantity; and strictly control procurement process of materials and fuel at competitive prices; (v) review and issue regulations on ty so bong da hom nay operation of representatives of ty so bong da hom nay Corporation capital invested in other enterprises; (vi) issue temporary wage scales, payrolls and allowances of ty so bong da hom nay Corporation-JSC as well as hold ty so bong da hom nay General Shareholders Meeting (GSM) to pass 2016 Business Plan; (vii) Prepare content for ty so bong da hom nay Annual GSM of ty so bong da hom nay Corporation-JSC; (viii) deploy Employee Conference in all units of ty so bong da hom nay Corporation to deliver 2016 business plans to all employees, so that employees can understand, compete and deploy in 2016 plans right from ty so bong da hom nay beginning of ty so bong da hom nay year.

General Director Nguyen Anh Tuan gave speech at ty so bong da hom nay Conference

In Real Estate sector, ty so bong da hom nay Corporation continued: implementing ty so bong da hom nay investment preparation and implementation of several projects: Thai Binh IZ, Yen Phong IZ (expanded), Phase II of Dong Trieu Clinker Factory to increase plant capacity to 4 million m2/year; Deployment of CNG conversion project in Binh Duong Float Glass Company, Tien Son JSC, Thanh Tri JSC, Viet Tri JSC; Inauguration of investment project to expand production (phase 2) - capacity of 2 million m2 / year - in ty so bong da hom nay Thai Binh Granite Tile Factory.

In Commercial sector, ty so bong da hom nay Corporation has: organized 2016 Trade Conference, set targets, identify primary solutions, and focused on market development; (ii) organized exhibition, introduction and sales activities of all products (terracotta, sanitary wares, shower& faucet, porcelain tiles in all Viglacera current showrooms; (iii) developed quality standards of export products; (iv) oriented products and export markets for ty so bong da hom nay next year.

In Quarter II/2016, Viglacera will best prepare for ty so bong da hom nay Annual GSM 2016 of Vigalcera Corporation-JSC scheduled on 26.04.2016. ty so bong da hom nay Corporation will continue to maintain production and business activities in accordance with monthly, quarterly targets, while completely avoid incidents, loss of safety, damages that may impact production efficiency. Manage and control closely ty so bong da hom nay quality of products to ensure objectives and standards to improve competitiveness, particularly for ceramic tile, sanitary ware, terracotta products. Tightly control several inefficient units; Supervise cost reduction in all units; Review workforce to increase productivity. Promote technical innovations, technological solutions to improve product quality and product price. Organize assessment on effectiveness of investment and machinery repair during Lunar New Year and ty so bong da hom nay investment projects have been put into operation; Implement all projects on schedule; Investment preparation for key projects which will start in Quarter II/2016; Prepare SSC report on charter capital increase of ty so bong da hom nay Corporation-JSC and continue to work with interested investors.

Maintaining ty so bong da hom nay growth momentum achieved, Quarter I/2016 delivered good signal for a good year of development and growth of Viglacera. ty so bong da hom nay Corporation determines to complete annual and 2ndquarter plans, to comply with ty so bong da hom nay regulations on public companies, pledged at ty so bong da hom nay upcoming annual GSM, and to make sure ty so bong da hom nay interests of shareholders at ty so bong da hom nay highest level.

Some speeches at ty so bong da hom nay conference:

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