bong da so half of 2017, Viglacera hits record profit over bong da so same period in 2016

In bong da so morning of July 3rd, 2017, Conference on evaluation of business results is held by Viglacera JSC , with bong da so results achieved at a record level over bong da so same period of bong da so year and over bong da so planning tasks.

Consolidated profit before tax for bong da so half of 2017 of Viglacera Corporation - JSC is estimated at 534 billion dong, equivalent to 136% of bong da so 6-month plan, that increases 1.42 times over bong da so same period of 2016. In which bong da so parent company still plays an important role to hit bong da so profit of bong da so half is 338 billion (67% of bong da so total consolidated profit). Total revenue and total business and production value exceeded bong da so first half year plan. This is a very impressive result; considering that bong da so market of building materials and real estate is very competitive.

Overview of bong da so Conference on evaluation of business results in bong da so half of 2017

In bong da so half of bong da so year, bong da so management activities of bong da so Viglacera Corporation is focusing on bong da so core tasks such as: Implement bong da so 2017 business tasks in order to achieve average growth as 10% or more,

Focus on implementing solutions to improve bong da so quality of products and services to a higher level, increase bong da so competition; Successfully implemented bong da so first issuing of 120 million shares (VGC), reduced bong da so percent of state’s ownership in bong da so corporation from 78.8% to 56.67% according to bong da so route of increasing bong da so charter capital to 4.483 billion.;

Focus on increasing bong da so labor productivity by applying advanced science and technology, technical innovations, mechanization and automation and restructuring of organizational models;

Focus on implementing of bong da so human resource development plan to meet bong da so investment development plan in 2017 and bong da so following years; To manage bong da so Corporation under bong da so model of a public company through bong da so management regulations as bong da so top-level domestic and international production technology and management companies; Meet and take advantage of international economic integration; Focus on investing and developing in key projects in 2017 to ensure bong da so sustainable growth rate under bong da so Plan for 2016-2020

- Field of building materials: For high technology projects, increasing bong da so high value products such as ultra clear float glass project in Vung Tau, high sanitary ware in My Xuan, industrial lime project; continue to invest in-depth, apply technical solutions to increase labor productivity, product quality and reduce costs;

- Field of real estate: Prepare investment to expand bong da so land fund for bong da so development of worker housing projects in Yen Phong (Bac Ninh); Tien Duong, Kim Chung (Dong Anh - Hanoi); Housing project for workers in industrial zones; Thang Long No1 Phase 2 (Hanoi) and Yen My industrial zones (Hung Yen), Thuan Thanh Industrial Zone (Bac Ninh);

- Implementing investment abroad on bong da so basis of cooperation, joint venture investment projects of building materials, hotel projects, industrial zones in Cuba;

Mr. Nguyen Anh Tuan - Deputy General Director, Director of Planning and Investment Division presented bong da so report on evaluating bong da so results of bong da so half of 2017.

In addition, in bong da so first half of bong da so year, Viglacera also checks bong da so supervision procedures and implement well bong da so work of Labor safety and fire prevention, food hygiene and safety in order to improve bong da so quality of working environtment in whole companies. Trade Union Corporation has also successfully organized bong da so Ninth Congress; Coordinate with bong da so People's Inspection Committee, bong da so Youth Group and bong da so Executive Board of bong da so Corporation to set up and launch bong da so programs and emulation movements in order to direct bong da so activities associated with production and business activities of bong da so companies, Contributing to bong da so successful implementation of bong da so plan for bong da so half of bong da so year, ensuring bong da so interests of shareholders, workers .

Mr. Luyen Cong Minh - Chairman of bong da so Board made a speech at bong da so Conference.

Speaking at bong da so Conference, Chairman of bong da so Management Board - Mr. Luyen Cong Minh has required bong da so companies to focus on completing comprehensive targets in 2017, especially is export turnover target. bong da so companies need to stabilize production, improve product quality and increase operational efficiency and Make progress on schedule in bong da so last 6 months of 2017.

Speaking and getting conclusion for bong da so conference, General Director - Mr. Nguyen Anh Tuan praised bong da so companies successfully completed bong da so target of profit, greatly contribute to operating results bong da so whole Corporation is as follow: Viglacera floating glass, Viglacera Ha Long JSC; Viglacera Real Estate Trading Company, Viglacera Infrastructure Investment Company, Viet Tri Viglacera JSC.

bong da so companies which maintain good production quality are as follow: Viglacera Floating Glass Company, Viglacera Ha Long JSC (Gieng Day Cotta Factory and Clinker Joint Stock Company), Viglacera Thanh Tri JSC, Viet Tri Viglacera JSC, Viglacera Binh Duong Company, Viglacera Thang Long JSC, Thai Binh Granite Factory (Viglacera Tien Son).

Base on bong da so workload of July and bong da so last 6 months of 2017, General Director proposed that bong da so companies should focus on four key missions. bong da so first and most important mission is bong da so task to complete bong da so business plan for bong da so second half of 2017, making a effort to reach a consolidated profit of 1100 billion VND, in which bong da so parent company is a leading role to hit bong da so profit target of 666 billion and other key indicators such as turnover, production value and especially is export revenue. If export turnover plan of 2017 are achieved, there will be huge rewards. bong da so second program is an investment program, with good conditions such as sufficient funds, well-prepared plans... bong da so Companies should focus on implementing bong da so project on schedule accordance with commitments. bong da so Capital Restructuring Program is bong da so third program proposed by bong da so Director General to implement rapidly to decrease bong da so state ownership rate to 53.9% according to bong da so approved schedule. General Director also requested bong da so companies to make plan quickly to increase capital base on bong da so program has been approved by bong da so Ministry of Construction. bong da so fourth is bong da so Science and Technology and Human Resources development program that is also a very important program in order to prepare for Viglacera's long-term development plan. This program is concerned and created all favorable conditions for implementation by Viglacera board director. Viglacera Corporation is expected to hold a Science Technology and Human Resources Development Conference at bong da so end of July 2017.to and create favorable conditions for implementation. Viglacera Corporation is expected to hold a Science Technology and Human Resources Development Conference at bong da so end of July 2017.

According to bong da so positive results in bong da so half of year, Viglacera Corporation - Joint Stock Company will successfully hit bong da so targets approved by bong da so General Conference of Shareholders in 2017 in order to achieve bong da so sustainable development next years

Some speaking at bong da so conference: