Viglacera: keo bong da hom nay parent company's profit in keo bong da hom nay first 6 months of 2018 is estimated at over 300 billion VND, exceeded 32% of keo bong da hom nay plan

On July 2nd 2018, Viglacera Corporation held a meeting to assess keo bong da hom nay business results in keo bong da hom nay first 6 months and deploy production and business tasks in keo bong da hom nay third quarter and keo bong da hom nay last 6 months of 2018. According to keo bong da hom nay results, Viglacera basically implement keo bong da hom nay targets approved at keo bong da hom nay Annual General Meeting of Shareholders on June 29th. 

Overview of keo bong da hom nay meeting 

From keo bong da hom nay beginning of 2018 up to now, keo bong da hom nay construction material market is facing difficulties due to strong competition from domestic producers and import sources. However, with keo bong da hom nay advantages of a parallel operation in keo bong da hom nay fields of construction materials and real estate, Viglacera is estimated to achieve pre-tax profit of nearly 500 billion VND in keo bong da hom nay first half of 2018, exceeded 3% of keo bong da hom nay plan. keo bong da hom nay parent company's profit was 300 billion VND, exceeded 32% of keo bong da hom nay plan and reached 51% of keo bong da hom nay full year target.

Particularly, keo bong da hom nay parent company's profit accounted for 82% of keo bong da hom nay total profit of keo bong da hom nay whole Corporation, of which, keo bong da hom nay major contribution to keo bong da hom nay parent company's result is keo bong da hom nay profit from keo bong da hom nay Real Estate department (accounted for 64%).

Deputy General Director Nguyen Anh Tuan reported at keo bong da hom nay meeting

Besides implementing keo bong da hom nay business plan, Viglacera's equitization program has achieved many positive results such as keo bong da hom nay successful mobilization of capital for development investment purposes, an increase in capitalization, ESOP program to support keo bong da hom nay key projects of keo bong da hom nay Corporation. Viglacera is following keo bong da hom nay approved capital withdrawal plan of keo bong da hom nay State. Moreover, Viglacera's stock (VGC) is considered as a long-term and effective investment channel by investors. Currently, keo bong da hom nay number of Viglacera employees holding VGC shares is increasing strongly.

Based on keo bong da hom nay results achieved in keo bong da hom nay first half of 2018, Viglacera plans to achieve a pretax profit of 231,5 billion VND in Q3/2018 and 518,1 billion VND in keo bong da hom nay last 6 months. keo bong da hom nay parent company plans to reach 120,3 billion VND and 288.5 billion VND in Q3/2018 and keo bong da hom nay last 6 months respectively. With this plan, keo bong da hom nay parent company's total profit in 2018 is estimated at over 600 billion VND, an increase of 7% compared to 2017.

 
General Director Nguyen Anh Tuan directed at keo bong da hom nay meeting 

In order to complete keo bong da hom nay plan, General Director Nguyen Anh Tuan directed: "All departments of keo bong da hom nay Corporation and subsidiaries should implement keo bong da hom nay synchronous solutions to improve keo bong da hom nay competitiveness of keo bong da hom nay following products: building glass, tiles, terra cotta; Focus on keo bong da hom nay development of new product designs, market development, especially export markets in order to reduce keo bong da hom nay pressure on domestic competition; Implement investment in key projects, ensure keo bong da hom nay progress and objectives of thesse projects; Prepare sufficient resources, conditions for operating and exploiting completed projects, as well as starting new projects in accordance with keo bong da hom nay schedule."

keo bong da hom nay results show that Viglacera actively follows keo bong da hom nay planned targets with keo bong da hom nay determination to complete keo bong da hom nay business plan, ensuring keo bong da hom nay dividend payout of 9.5% has been approved at keo bong da hom nay Annual General Meeting of Shareholders 2018 and at keo bong da hom nay same time, set keo bong da hom nay foundation for keo bong da hom nay roadmap to divest keo bong da hom nay State capital in 2018 and 2019 under Decision No. 1232/QĐ-TTg dated 17/8/2017 of keo bong da hom nay Prime Minister.

Some other photos at keo bong da hom nay meeting:

Director of Viglacera Floating Glass - Nguyen Minh Khoa 

Head of Viglacera My Xuan Sanitaryware project - Tran Huy Vinh

Director of Viglacera Thanh Tri - Nguyen keo bong da hom nay Anh   

Director of Viglacera faucet company - Nguyen Van Tien   

Director of Viglacera Trading JSC - Nguyen Van Ly 

Director of Viglacera Tien Son - Quach Huu Thuan 

Director of Viglacera Ha Long JSC - Tran Hong Quang