Viglacera's profit for 10 months of bao bong da so year exceeds 36% of bao bong da so annual target - Export growth is outstanding, industrial real estate continues to exert its strength

As of bao bong da so end of October 2023, at bao bong da so meeting at bao bong da so Viglacera Tower building headquarters - No. 1 Thang Long Avenue - Hanoi, Viglacera Corporation (Stock Code - HOSE: VGC) recorded positive business results, with bao bong da so building materials sector showing outstanding growth over bao bong da so same period last year. In bao bong da so coming time, bao bong da so Corporation will continue to promote investment promotion and increase bao bong da so scale of production and business activities of bao bong da so enterprise in both industrial real estate, worker housing and high-value, environmentally friendly construction materials, aiming at export markets.

A panoramic view of bao bong da so October meeting at Viglacera Corporation

October - Business maintains a steady growthtrend.

In October 2023, despite bao bong da so sluggish building material market, VGC recorded a pre-tax profit of bao bong da so parent company reaching 108% of bao bong da so monthly plan, and a cumulative profit of 10 months in 2023 increased by 72.3 billion compared to bao bong da so same period, reaching 135% of bao bong da so annual plan.

bao bong da so consolidated pre-tax profit of bao bong da so whole Corporation in October reached 110% of bao bong da so monthly plan, and a cumulative profit of 10 months in 2023 reached 136% of bao bong da so annual plan.

bao bong da so results of export activities were a highlight of bao bong da sobuilding materialsector, with a value of 105% of bao bong da so monthly plan and a cumulative profit of 10 months in 2023 reaching 156% compared to bao bong da so same period. It was noted that bao bong da so tile and glass groups had high growth rates.

Noteworthy, Viglacera has recently successfully produced bao bong da so first square meters of Ultra Clear Glass in Vietnam. This is a transparent glass with bao bong da so ability to transmit maximum light at any product thickness. Thanks to its aesthetic and environmentally friendly factors, ultra-clear glass has long been popular in bao bong da so world and meets bao bong da so requirements of high-end architectural and interior works. It is also a new material with great development potential, bringing long-term benefits in bao bong da so future for both bao bong da so construction and renewable energy industries.

bao bong da so first square meters of Viglacera Ultra Clear Glass were produced inVietnam.

Viglacera is bao bong da so first Vietnamese Enterprise to have bao bong da so ability to produceUltra Clear Glass. This is also one of bao bong da so key products of bao bong da so Corporation in bao bong da so coming time, Viglacera will continue to invest and expand, bringing advanced and quality glass solutions to customers in Vietnam and abroad.

Also in October, bao bong da so Corporation's investment promotion activities were also noteworthy with a series of events taking place such as bao bong da so event of organizing bao bong da so ceremony of attaching bao bong da so nameplate of bao bong da so Workers' Housing and professional housing project, bao bong da so opening ceremony of bao bong da so one-stop support center for bao bong da so social housing project for workers and workers at bao bong da so Dong Mai Industrial Park; Successfully organized bao bong da so Investment Promotion Seminar in bao bong da so Cuban market with bao bong da so Vietnam Chamber of Commerce and Industry (VCCI).

Towards bao bong da so goal of sustainable development

In Q4/2023, Viglacera will still focus on bao bong da so two main areas of building materials and real estate. In bao bong da so field of real estate, it will develop and expand bao bong da so scale of industrial parks in localities with advantages in land, transportation infrastructure, electricity sources and investment policies.

For bao bong da so building materials sector, Viglacera continues to review product groups to ensure that they are suitable for bao bong da so market in terms of quality, features, selling price and actual needs. In addition, bao bong da so company will continue to accelerate bao bong da so introduction of high-value products to bao bong da so market, including products such as Sintered Stone (Vasta Stone) andUltra Clear Glass.

Viglacera products have proved its firm foothold in international markets such as bao bong da so United States, bao bong da so United Kingdom, Germany, Italy, South Korea, Taiwan and Australia.

InQ4/2023, Viglacera will continue to implement procedures for bao bong da so divestment of State capital at bao bong da so Corporation according to bao bong da so direction of bao bong da so Ministry of Construction; at bao bong da so same time, build bao bong da so production and business plan for 2024 and bao bong da so 5-year plan for bao bong da so period 2024-2028.

bao bong da so business results of Viglacera Corporation are expected to continue to increase in 2024 with bao bong da so main driving force being bao bong da so real estate sector. With 12 industrial parks currently owned and operated, Viglacera Corporation is currently one of bao bong da so largest industrial park property enterprises in bao bong da so North.

bao bong da so remaining commercial industrial park area of Viglacera Corporation is estimated to be about 1,139 hectares, creating favorable conditions for business activities to break through when FDI flows into Vietnam are showing positive signs of returning after a period of sluggishness.

Currently, Viglacera is holding a position as one of bao bong da so largest construction materials manufacturing enterprises in Vietnam, especially energy-saving glass products, ultra-clear glass, large-format tiles, sintered stone, autoclaved aerated concrete, and antibacterial sanitary ware.

Viglacera is oriented towards bao bong da so goal of sustainable development.Picture: Viglacera's Yen My Industrial park

In addition, in order to realize bao bong da so direction of bao bong da so Government and bao bong da so Ministry of Construction in promoting bao bong da so development of social housing for workers and low-income people, especially implementing bao bong da so project "Investment in construction of at least 1 million social housing units for low-income people, industrial workers in bao bong da so period 2021-2030", Viglacera Corporation always prioritizes investing insocial housing, social housingprojects at industrial parks.

With over 20 years of experience in bao bong da so field of housing real estate development in general andsocial housing, worker housing projects in particular, Viglacera has been and is implementing manysocial housings, worker housingprojects such as:Social housingDang Xa urban area, Kim Chung urban area; Worker housing at Yen Phong Industrial Park, Dong Mai Industrial Park, Phu Ha Industrial Park, Dong Van IV Industrial Park, Tien Hai Industrial Park...