soi keo bong da truc tiep hom nay VIGLACERA - JSC 2020 Annual General Meeting of Shareholders was a

Annual General Meeting of Shareholders keo bong da (stock code: VGC, HOSE) held on June 19, 2020 at the headquarters of keo bong da has approved many important contents to continue its strong developments in the term of 2019-2024.

The Presidium of the General Meeting of Shareholders of keo bong da 2020 

2019 is a year with many fluctuations and difficulties for the construction materials and real estate industry, but with the flexibility and acumen soi keo bong da truc tiep hom nay the joint stock company operating model, Viglacera Corporation has achieved remarkable results.

Viglacera continues to affirm its position as one of the leading enterprises soi keo bong da truc tiep hom nay the field of manufacturing and trading construction materials and real estate (industrial park infrastructure, urban areas, social housing ...). Viglacera recorded consolidated revenue of the Corporation reached 10,145 billion VND, reached 109% of the plan, consolidated pre-tax profit reached 970 billion VND, reached 102% of the plan. For the parent company alone, revenue reached 4,235 billion VND, pre-tax profit reached 719 billion VND, reaching 111% of the plan assigned by the General Meeting of Shareholders, an increase of 111 billion VND soi keo bong da truc tiep hom nay profit compared to 2018. 

Mr. Nguyen Anh Tuan - Deputy General Director read the report of the Board of Directors at the meeting 

soi keo bong da truc tiep hom nay 2019, the main product groups of the Corporation such as construction glass, sanitary wares, ceramic tiles, and baked clay bricks have fierce competition; market supply - demand has been imbalanced with the increase soi keo bong da truc tiep hom nay supply from domestic producers and importers soi keo bong da truc tiep hom nay recent years; selling price plummeted, consumption and revenue declined. Facing these disadvantages, the Corporation does not produce by output but focuses on producing high-value products, soi keo bong da truc tiep hom nay order to offset production costs and ensure efficiency. The material sector achieved positive results, basically well controlled production output, product quality and inventory, effective operation, pre-tax profit reached 373 billion VND; Turnover reached 7,809 billion.

soi keo bong da truc tiep hom nay the field of real estate, the field is directly invested and managed by the Parent Company, with the right direction soi keo bong da truc tiep hom nay developing and expanding the industrial park land fund, focusing on completing technical infrastructure and leasing industrial park, contributing to maintaining the efficiency of production and business, making an important contribution to the parent company to complete the annual plan approved by the General Meeting of Shareholders. Up to now, Viglacera has developed 11 industrial parks and 01 ViMariel - Cuba special economic zone, with a total area of 4,038 hectares, attracting nearly 12 billion USD investment soi keo bong da truc tiep hom nay the Corporation's industrial parks.

From a financial perspective, Viglacera has had a sustainable development step, accumulating resources to ensure the next stages of development. The parent company's financial situation is always balanced and healthy; use and preserve capital effectively. The size of the total assets of the Corporation on December 31, 2019 reached 15,559 billion VND, an increase of 2,774 billion VND compared to December 31, 2018. Equity is 6,154 billion VND with the capital preservation ratio of 1.02 times; Debt / Equity ratio of the Parent Company as of December 31, 2019 reached 1.53 times, ensuring a high level of financial security.

The corporation has completed the divestment of the State's equity to 38.58% and has officially listed VGC shares on HOSE from May 29, 2019. 

Shareholders voted to approve important issues soi keo bong da truc tiep hom nay the meeting 

The Annual General Meeting of Shareholders 2020 approved many important contents such as the results of production and business soi keo bong da truc tiep hom nay 2019, especially the dividend payment of 2019 at the rate of 11% soi keo bong da truc tiep hom nay cash, 0.5% higher than as committed to General Meeting of Shareholders, continue to maintain the growth of the Corporation. Also at the meeting, the Deputy Minister of Construction said that the Ministry is planning to divest all capital from Viglacera by the end of 2020. The Ministry of Construction is planning to submit to the Prime Minister, trying to make a public and transparent divestment , ensuring no loss of State assets. 

Mr. Bui Pham Khanh - Deputy Minister of Construction spoke at the Congress 

One noteworthy point, the meeting approved an amendment to the company's charter. Accordingly, Viglacera will supplement the charter that the Board of Directors has the power to decide to join the ventures to be an investor of real estate projects, to join a joint venture of production and business projects. except for investment projects under the authority of the General Meeting of Shareholders).

soi keo bong da truc tiep hom nay 2020, Viglacera aims to achieve consolidated revenue of 8,300 billion VND; soi keo bong da truc tiep hom nay which, parent company is 3,600 billion VND; Consolidated pre-tax profit reached 750 billion VND; Parent company reached 600 billion VND; Implementing dividend payment at least 10.5%. 

Mr. Nguyen Van Tuan - Chairman of Viglacera Corporation's Board of Directors spoke at the meeting 

soi keo bong da truc tiep hom nay the field of materials, by 2020, the Corporation will develop new sets of complete products: high quality sanitary wares - showers - tiles, bearing Eurotile and Platinum brands; High-tech, Green - eco-friendly products such as Ultra white glass, energy saving glass, panels and autoclaved aerated concrete, etc. Real Estate will focus on developing infrastructure for industrial parks for rent to stay ahead of the wave of foreign investment transfer into Vietnam, to get ready to have a clean land fund to welcome investors.

Proud of its 46-years history of construction and development, Viglacera has affirmed its leading position in the field of construction materials and real estate in Vietnam. keo bong da is confident to exceed the targets assigned by the General Meeting of Shareholders in 2020. 

Some otherpictures at the Congress