2014 : Viglacera achieved more than 13,500 billion VND of ty so bong da truc tuyen revenue

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

ty so bong da truc tuyen Conference

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

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

Deputy General Director Nguyen Anh Tuan makes an evaluation report on ty so bong da truc tuyen 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 ty so bong da truc tuyen Ministry of Construction, increased 86% compared with ty so bong da truc tuyen 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 ty so bong da truc tuyen plan, 22% higher than performance in 2013. Especially when ty so bong da truc tuyen main targets are growth, ty so bong da truc tuyen average income of employees has increased by 11% compared to 2013, reaching 6. 13 million VND/person/month.

For ty so bong da truc tuyen parent company in 2014, it confirmed ty so bong da truc tuyen strong development after equitization with a healthy financial situation, balance, business efficiency, use and secure capital more effectively. End of ty so bong da truc tuyen year, ty so bong da truc tuyen 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 ty so bong da truc tuyen first 6 months of year. Revenue reached 4,700 billion VND, rose 12% compared with ty so bong da truc tuyen year plan, implemented last 6 months reached 2,615 billion VND, increased 32% compared to ty so bong da truc tuyen approved revenue plan at ty so bong da truc tuyen General Shareholders’ Meeting and an increase of 32% over ty so bong da truc tuyen first 6 months of year. Total assets of ty so bong da truc tuyen 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. ty so bong da truc tuyen return on equity was 11%, 1.56 times higher than ty so bong da truc tuyen 2013. ty so bong da truc tuyen development and capital preservation increase of 1.05 times compared with ty so bong da truc tuyen time changes into join stock company.

Deputy Minister of Construction Nguyen Tran Nam on behalf of ty so bong da truc tuyen Ministry of Construction praised ty so bong da truc tuyen achievements of ty so bong da truc tuyen Viglacera Corporation in 2014

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

With ty so bong da truc tuyen excellent performance achieved, Viglacera set out ty so bong da truc tuyen center task of plan 2015 is to continue growth over ty so bong da truc tuyen 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 ty so bong da truc tuyen restructuring scheme was approved by ty so bong da truc tuyen competent authorities; production and business operations would be stable, sustainable, with an average growth higher than ty so bong da truc tuyen previous year minimum of 6-20% for all fields of activity; management ty so bong da truc tuyen corporation follows ty so bong da truc tuyen form of joint stock company through ty so bong da truc tuyen Management Regulations under international rules, reach to ty so bong da truc tuyen 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 ty so bong da truc tuyen solutions to increase labor productivity at least 10% of all ty so bong da truc tuyen activities of ty so bong da truc tuyen Corporation to increase ty so bong da truc tuyen income of employees and increase competitiveness with ty so bong da truc tuyen leading enterprises at local and abroad.

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

Viglacera Corporation received ty so bong da truc tuyen excellent emulation flag of Prime Minister for 2014

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

General Director Nguyen Anh Tuan said at ty so bong da truc tuyen conference

General Director Nguyen Anh Tuan affirmed, under ty so bong da truc tuyen close guidance of ty so bong da truc tuyen Ministry of Construction, Viglacera has focused on directing and initially achieved positive results. 2014, Corporation has completed a comprehensive, exceeding ty so bong da truc tuyen main business indicators; ty so bong da truc tuyen 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 ty so bong da truc tuyen last months of 2014 with ty so bong da truc tuyen objectives set out above 14,000 billion VND revenue and profit growth of 15 % compared with 2014 to ensure ty so bong da truc tuyen rights of ty so bong da truc tuyen shareholders; while focusing on some of ty so bong da truc tuyen works: Continue to implement ty so bong da truc tuyen restructuring; improve labor productivity in ty so bong da truc tuyen scientific and technological solutions; automation - mechanization and strengthen management; increase product quality, product development and synchronization schemes launched new products.

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

Some other pictures at ty so bong da truc tuyen conference:

Director of Viglacera Tien Son JSC - Mr. Quach Huu Thuan made a speech at ty so bong da truc tuyen conference

Director of Viglacera Float Glass Company – Mr. Nguyen Minh Khoa made a speech at ty so bong da truc tuyen conference

Director of Viglacera Ha Long JSC – Mr. Tran Hong Quang made a speech at ty so bong da truc tuyen conference

Director of Viglacera Binh Duong Sanitary Ware Company – Mr. Chau Quoc Tuan made a speech at ty so bong da truc tuyen 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 ty so bong da truc tuyen activities of trade union, salary of employees

Infrastructure Investment Development Company received ty so bong da truc tuyen excellent emulation flag of Prime Minister for 2014

Deputy Minister of Construction – Mr. Nguyen Tran Nam presented ty so bong da truc tuyen excellent emulation flag for 8 members of ty so bong da truc tuyen corporation in 2014