Results for bong da so livescore first 7 months of bong da so livescore year show that Viglacera has exceeded bong da so livescore profit target set for bong da so livescore year 2023.
On July 31st, Viglacera Corporation - JSC (HoSE: VGC) held a meeting to evaluate bong da so livescore business performance for bong da so livescore month of July, bong da so livescore cumulative 7 months of bong da so livescore year, and to discuss bong da so livescore plan for bong da so livescore remaining months of 2023.
In July 2023 alone, bong da so livescoreconsolidated pre-tax profitreached296 billion VND, achieving150%of bong da so livescore monthly plan. bong da so livescore pre-tax profit of bong da so livescore Parent Company reached323 billion VND, exceeding bong da so livescore monthly plan by149%.
Full view of bong da so livescore meeting
For bong da so livescore cumulative 7 months of bong da so livescore year, bong da so livescoreconsolidated profitreached1,321 billion VND, achieving109%of bong da so livescore yearly plan and surpassing bong da so livescore 2023 profit target set by bong da so livescore Shareholders' General Meeting. bong da so livescore Parent Company's profit reached1,514 billion VND, achieving116%of bong da so livescore yearly plan set by bong da so livescore Board of Directors and103%compared to bong da so livescore same period in 2022.
As a result, considering bong da so livescore pre-tax profit target of bong da so livescore entire corporation being 1,210 billion VNDand bong da so livescore Parent Company's target being1,310 billion VND, by bong da so livescore end of July, bong da so livescore Consolidated Profit of bong da so livescore Corporation exceeded9%, and bong da so livescore Parent Company's profit surpassed bong da so livescore Shareholders' Meeting's plan by16%.
These results were achieved as Viglacera leveraged its strengths in bong da so livescore real estate business sector. bong da so livescorecumulative pre-tax profit for bong da so livescore Real Estate divisionreached1,495 billion VND, surpassing bong da so livescore 2023 plan by110%and increasing by118 billion VNDcompared to bong da so livescore same period in bong da so livescore previous year. bong da so livescore profit from business of industrial zones reached87%of bong da so livescore yearly plan, accounting for96%of bong da so livescore total profit and increasing by151 billion VNDcompared to bong da so livescore same period in 2022.
Viglacera's export of building materials was also a bright spot. During bong da so livescore first 7 months of bong da so livescore year, bong da so livescore cumulative export valueincreased by over 36%compared to bong da so livescore same period in 2022. Tiles and Construction Glass were two categories that experienced higher growth rates compared to bong da so livescore same period in 2022, with values exceeding124%for Tiles and10%for Glass, respectively. bong da so livescore Tiles division achieved a revenue growth of224%, doubling compared to 2022 and currently holding bong da so livescore largest share in bong da so livescore total export revenue of bong da so livescore entire corporation, equivalent to55%.
Viglacera Industrial Park - Yen Phong II-C
For bong da so livescore plan in bong da so livescore remaining months of bong da so livescore year, in bong da so livescore real estate sector, Viglacera will focus on infrastructure construction at various industrial park projects, aiming to attract both domestic and foreign businesses. bong da so livescore company plans to hand over approximately 218 hectares of land throughout bong da so livescore year, contributing significantly to bong da so livescore overall revenue of bong da so livescore corporation. They will also expedite procedures for expanding industrial park projects, upgrading services at industrial parks to meet bong da so livescore land and investment demands of foreign investors in Vietnam.
However, bong da so livescore building materials sector is facing short-term difficulties due to a lack of significant market improvements. To address this, Viglacera will proactively implement measures to maintain business efficiency, such as adjusting production output according to market demand, reducing production costs, and conducting strong corporate management restructuring. bong da so livescore company will continue to research and develop new product designs based on consumer and investment trends, upgrading modern production lines at some factories, particularly focusing on environmentally friendly products like Energy-saving Glass, Aerated Concrete Blocks, and Fired Bricks, to meet bong da so livescore current global demand for sustainable construction materials.
In other sectors, Viglacera will closely monitor bong da so livescore market to ensure monthly consumption plans are met, adjust production output to match market demands, and reduce inventory levels at some units.
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