Third Quarter Meeting of tin soi keo bong da Department of Granite & Ceramic Tiles, Sanitary Wares, and Trade: First 9 months of 2016, all units reach and meet over targets of profits and revenues

In tin soi keo bong da morning of 04 October 2016, Viglacera Corporation JSC organized a meeting with tin soi keo bong da Department of Granite & Ceramic Tiles, Sanitary Wares, Showers and Faucets and Trade. Business results are positive, with 9 out of 11 units has reached and met over tin soi keo bong da targets of profits and revenues. Especially Viglacera Showers and Faucets Company has successfully reached tin soi keo bong da profit target of 2016.

tin soi keo bong da business result of 9 months of tin soi keo bong da whole Department is 24,397 billion VND of profit, accounting for 103.5% tin soi keo bong da monthly plan target, 3rd quarter profit of 68,071 billion VND, standing at 100.6% tin soi keo bong da quarterly plan target. Accumulated profit of 9 months is 155.1 billion VND, reaching 85% annual plan, increasing 38.7 billion VND compared to tin soi keo bong da same previous period. tin soi keo bong da revenue of tin soi keo bong da 9 months reached 578.5 billion VND, accounting for 107% month plan, 3rd quarter revenue was 1,612,352 billion VND, achieving 100% of tin soi keo bong da quarterly plan target. Accumulated revenue of 9 months reached 4,218 billion VND, increasing 16% on year-to-year basis.

Under a strong and specific leadership of tin soi keo bong da Corporation, operation outcomes of units within tin soi keo bong da Department have been aligned with monthly and quarterly targets. Production met tin soi keo bong da need of orders by trade units; product portfolio and designs have been adjusted and diversified, in line with market demands. tin soi keo bong da quality of material inputs has been gradually controlled; labor inefficiency has been reduced due to further investment in units in follow up with set plans. Product quality has been maintained; particularly tile products have had positive improvements. Their quality is stable and met tin soi keo bong da basic standard TCCS; First burning defect ratios of Viglacera Thanh Tri JSC and Viglacera Viet Tri JSC after changing to usage of compressed natural gas (CNG) all meet tin soi keo bong da targeted ratios committed; natural gas consumption is reduced by 10-15% compared to using liquefied natural gas (LPG). Purchase and checking of input materials have been implemented as planned; quality control have been well implemented with sampling, independent assessment by R&D Institute of Viglacera, timely finding defects with assessments and recommendations.

In tin soi keo bong da 3rd quarter of 2016, market and product development has been in focus, advertising boards and shelves have been redesigned and consolidated to give customers new images of products and quality of Viglacera. Customer meetings have been held in individual markets to expand markets and exports.

As regards investment, My Xuan A Premium Ceramic Plant Project has completed tin soi keo bong da process of establishment and operation regulations of project management unit; recruitment, strengthening of human resources to ensure sufficient capacity to implement tin soi keo bong da project; focusing on completing investment procedures and project design profile; construction license procedures, fire safety and prevention for tin soi keo bong da project; continuing to work with banks on evaluation of project loan documents; implementing tin soi keo bong da building of boundary walls and plant gates; tin soi keo bong da project of changing to CNG at Tien Son plant: completed and operated two kilns since 18 August 2016. tin soi keo bong da project of intensive investment in packaging system of package and brake pads joint stock company has carried out procurements of facilities and assembling; basically tin soi keo bong da progress is on track and expected to have project completed and operated by December 2016.

Delivering speech at tin soi keo bong da meeting, DG Nguyen Anh Tuan expressed tin soi keo bong da importance of new product development and requested tin soi keo bong da Department to make a detailed plan including specific progress milestones and soon select a good and reliable technology partner for cooperation in tin soi keo bong da long term. tin soi keo bong da DG also requested tin soi keo bong da Department to soon establish a processing plant, negotiate to have a stable source of input materials with good quality, increasing lead-time, ensuring input materials with standard quality to produce premium products, confirming prestige and brand name of Viglacera not only in tin soi keo bong da country but also in tin soi keo bong da region and tin soi keo bong da world. In addition, tin soi keo bong da Department needs to enhance recruitment and training to have good technicians, making high quality human resources available for projects soon implemented.

A general assessment of tin soi keo bong da Department of Granite & Ceramic Tiles, Sanitary Wares and Trade was that it has maintained a good momentum during tin soi keo bong da past 9 months. However, all units need to pay great attention to implementing tin soi keo bong da plan for tin soi keo bong da last 3 months of tin soi keo bong da year. It is required that all units resolve to undertake specific and effective solutions and proposals to gain overall achievements and meet over tin soi keo bong da targeted goals.

Some speeches made at tin soi keo bong da meeting: