2014 : Viglacera achieved more than 13,500 billion VND of keo bong da toi nay revenue

In keo bong da toi nay morning January 14, 2015, Viglacera held keo bong da toi nay Summary Conference to assess keo bong da toi nay business performance in 2014 and implement business plan in 2015 at keo bong da toi nay Hall 15 floors, Viglacera Tower (No. 1, Thang Long Avenue, Hanoi). 2014 marked a milestone in keo bong da toi nay development of Viglacera when enterprise officially changed into joint stock company - this is keo bong da toi nay time for Viglacera confirmed keo bong da toi nay growing strength of keo bong da toi nay business, when Viglacera has successfully completed a comprehensive set of key indicators, keo bong da toi nay fields are profitable, in which keo bong da toi nay parent company fulfilled keo bong da toi nay criteria commitment to shareholders at keo bong da toi nay General Shareholders’ meeting for keo bong da toi nay first time.

keo bong da toi nay Conference

Attending keo bong da toi nay conference were Deputy Minister of Construction Nguyen Tran Nam, president of Construction Trade Union Nguyen Van Binh, keo bong da toi nay leader of keo bong da toi nay functional departments of keo bong da toi nay Ministry of Construction, keo bong da toi nay Chairman of Viglacera Luyen Cong Minh, General Director Nguyen Anh Tuan and members of Management Board, Deputy General Directors and key leaders in keo bong da toi nay subsidiaries.

In 2014, although keo bong da toi nay building materials market and real estate developments are unusual, but under keo bong da toi nay close direction of keo bong da toi nay leadership of keo bong da toi nay Ministry of Construction on keo bong da toi nay renovation enterprise , energy investment program , keo bong da toi nay investment focus of keo bong da toi nay "green" project, social housing project, together with keo bong da toi nay stronger process of restructuring, actively grasp keo bong da toi nay situation, drastic management, flexibility and consensus solidarity of leadership, tried by keo bong da toi nay staffs, Viglacera has completed a comprehensive and exceed keo bong da toi nay targets set out plans.

Deputy General Director Nguyen Anh Tuan makes an evaluation report on keo bong da toi nay results of business activities in 2014 and implementation business plan in 2015

Results of business activities of Viglacera in 2014: Profit rose 123% in comparison with registered plan for keo bong da toi nay Ministry of Construction, increased 86% compared with keo bong da toi nay performance t in 2013; revenue reached 13,537 billion, 8% higher than plan, over 30% compared with performance in 2013; business value increased 8% compare with keo bong da toi nay plan, 22% higher than performance in 2013. Especially when keo bong da toi nay main targets are growth, keo bong da toi nay average income of employees has increased by 11% compared to 2013, reaching 6. 13 million VND/person/month.

For keo bong da toi nay parent company in 2014, it confirmed keo bong da toi nay strong development after equitization with a healthy financial situation, balance, business efficiency, use and secure capital more effectively. End of keo bong da toi nay year, keo bong da toi nay parent company profits increased 23% compared with plan, last 6 months of year profit rose 48% compared with profit plan of General Shareholders’ meeting, 127% higher than keo bong da toi nay first 6 months of year. Revenue reached 4,700 billion VND, rose 12% compared with keo bong da toi nay year plan, implemented last 6 months reached 2,615 billion VND, increased 32% compared to keo bong da toi nay approved revenue plan at keo bong da toi nay General Shareholders’ Meeting and an increase of 32% over keo bong da toi nay first 6 months of year. Total assets of keo bong da toi nay parent company (December 31, 2014) is 9,952 billion VND, increased 48% equivalent to 3,327 billion VND compared to enterprise valuation on December 31, 2011. keo bong da toi nay return on equity was 11%, 1.56 times higher than keo bong da toi nay 2013. keo bong da toi nay development and capital preservation increase of 1.05 times compared with keo bong da toi nay time changes into join stock company.

Deputy Minister of Construction Nguyen Tran Nam on behalf of keo bong da toi nay Ministry of Construction praised keo bong da toi nay achievements of keo bong da toi nay Viglacera Corporation in 2014

Deputy Minister of Construction Nguyen Tran Nam on behalf of keo bong da toi nay Ministry of Construction praised keo bong da toi nay achievements of Viglacera Corporation in 2014 and highly appreciated keo bong da toi nay financial position of keo bong da toi nay Corporation as well as keo bong da toi nay reasonableness of keo bong da toi nay activity structure: Building materials accounted for 50%, real estate accounted for 30% and other sectors accounted for 20% of keo bong da toi nay total revenue of keo bong da toi nay corporation. Deputy Minister oriented 2015, Viglacera should continue to focus on increasing labor productivity, research and technology solutions for keo bong da toi nay development of quality products to strengthen competitiveness.

With keo bong da toi nay excellent performance achieved, Viglacera set out keo bong da toi nay center task of plan 2015 is to continue growth over keo bong da toi nay previous year: Profit raises 29%, revenue increases 7%, 9% increase in business value, export increases by 25% and average income increase 11% compare to 2014.

2015, Viglacera will continue to restructure under keo bong da toi nay restructuring scheme was approved by keo bong da toi nay competent authorities; production and business operations would be stable, sustainable, with an average growth higher than keo bong da toi nay previous year minimum of 6-20% for all fields of activity; management keo bong da toi nay corporation follows keo bong da toi nay form of joint stock company through keo bong da toi nay Management Regulations under international rules, reach to keo bong da toi nay leading enterprise about production and technology; Viglacera plans to become an international enterprise in two areas of core business is to produce all kinds of advanced building materials and invest in real estate; focus on keo bong da toi nay solutions to increase labor productivity at least 10% of all keo bong da toi nay activities of keo bong da toi nay Corporation to increase keo bong da toi nay income of employees and increase competitiveness with keo bong da toi nay leading enterprises at local and abroad.

At keo bong da toi nay conference, keo bong da toi nay directors of keo bong da toi nay member units under TCT gave speeches, consensus and commitment to complete keo bong da toi nay business plan targets in 2015 which assigned by Corporation.

Viglacera Corporation received keo bong da toi nay excellent emulation flag of Prime Minister for 2014

Recognising keo bong da toi nay contribution of keo bong da toi nay enterprise, keo bong da toi nay Prime Minister presented excellent emulation flag for Viglacera Corporation and Viglacera Infrastructure Development Investment Company in 2014; Ministry of Construction presented keo bong da toi nay excellent emulation flag for 8 members of keo bong da toi nay corporation in 2014. Besides, to commend keo bong da toi nay departments of keo bong da toi nay parent company and units are completed keo bong da toi nay duty as well as keo bong da toi nay business plan in 2014, keo bong da toi nay emulation section of Viglacera Corporation has rewarded and encouraged and encouragin g keo bong da toi nay unit continues to promote positive results in keo bong da toi nay coming year.

General Director Nguyen Anh Tuan said at keo bong da toi nay conference

General Director Nguyen Anh Tuan affirmed, under keo bong da toi nay close guidance of keo bong da toi nay Ministry of Construction, Viglacera has focused on directing and initially achieved positive results. 2014, Corporation has completed a comprehensive, exceeding keo bong da toi nay main business indicators; keo bong da toi nay subsidiaries set a high determination, especially group of Tiles, Sanitary ware and some other units when completed plan soon. For programs in 2015, Viglacera has plans to deploy early from keo bong da toi nay last months of 2014 with keo bong da toi nay objectives set out above 14,000 billion VND revenue and profit growth of 15 % compared with 2014 to ensure keo bong da toi nay rights of keo bong da toi nay shareholders; while focusing on some of keo bong da toi nay works: Continue to implement keo bong da toi nay restructuring; improve labor productivity in keo bong da toi nay scientific and technological solutions; automation - mechanization and strengthen management; increase product quality, product development and synchronization schemes launched new products.

2015 will be keo bong da toi nay last year of keo bong da toi nay 5 year plan from 2011 to 2015, Viglacera will focus on promoti ng keo bong da toi nay resources for new growth phase of 5 years from 2016 to 2020, integration and internationalization, also a record keo bong da toi nay change of Corporation to become a public joint stock company, so Viglacera is determined to complete a comprehensive business plan set out to change keo bong da toi nay synchronization of quality and quantity.

Some other pictures at keo bong da toi nay conference:

Director of Viglacera Tien Son JSC - Mr. Quach Huu Thuan made a speech at keo bong da toi nay conference

Director of Viglacera Float Glass Company – Mr. Nguyen Minh Khoa made a speech at keo bong da toi nay conference

Director of Viglacera Ha Long JSC – Mr. Tran Hong Quang made a speech at keo bong da toi nay conference

Director of Viglacera Binh Duong Sanitary Ware Company – Mr. Chau Quoc Tuan made a speech at keo bong da toi nay conference

Manager of IT Department – Mr. Vu Luu Phuong made a speech about implementing ERP

Deputy General Director – Mr. Tran Ngoc Anh made a speech about real estate field

Member of Board of Management – Mr. Luu Van Lau made a speech about equitization of Viglacera

Member of Board of Management, Chairman of Viglacera Trade Uninon made a speech about keo bong da toi nay activities of trade union, salary of employees

Infrastructure Investment Development Company received keo bong da toi nay excellent emulation flag of Prime Minister for 2014

Deputy Minister of Construction – Mr. Nguyen Tran Nam presented keo bong da toi nay excellent emulation flag for 8 members of keo bong da toi nay corporation in 2014