Viglacera’s profit hits VND1 trillion for first time
Wednesday, January 17,2018AsemconnectVietnam - he Viet Nam Glass and Ceramics for Construction Corporation (Viglacera) recorded a pre-tax profit of nearly VND1.02 trillion (US$44.83 million) in 2017.
TThis number is equal to 112 per cent of the year’s plan and an increase of VND144 billion, as compared to 2016’s results.
This is the first time the corporation achieved a pre-tax profit of over VND1 trillion. The company’s revenue in the year totalled nearly VND16.5 trillion, up 2 per cent against the yearly plan, and 13 per cent higher than the previous year’s figure.
Viglacera’s strong performance was buoyed by significant contributions of its members such as Viglacera Float Glass Company, Viglacera Ha Long Joint Stock Company, Viglacera Infrastructure Development and Investment Company, and Viglacera Real Estate Company.
In 2017, Viglacera implemented a restructuring plan of the corporation and put up 120 million shares coded VGC for sale, increasing its chartered capital to VND4.27 trillion. By the end of 2017, Viglacera completed the Employee Stock Ownership Plan (ESOP) programme, raising its chartered capital to more than VND4.48 trillion and reducing State ownership to 53.97 per cent.
In 2018, the company is eyeing a 6 per cent growth in pre-tax profit and it plans to make a 9.5 per cent dividend payout.
Source: Bizhub.vn
TNG regains revenue growth momentum in July 2023
Petrolimex (PLX) earned VND1,517 billion profit in the first half of 2023
Cienco4 (C4G) recorded VND77.9 billion profit in the first 6 months of 2023
Binh Son Refining and Petrochemical JSC (BSR) achieved revenue of VND67,741 billion in the first half of 2023
Viettel Global: Consolidated revenue reached nearly VND6,900 billion in Q2/2023
KienlongBank (KLB): Consolidated profit after tax reached VND321.4 billion, up 15% in 6 months
Truong Thinh Energy Investment (TTE): Profit in Q2/2023 increased thanks to financial revenue
Profit of MST Investment (MST) increased by 175.1% to VND45.75 billion in Q2/2023
Viglacera exceeded the profit target in 2023 in the first 7 months
Tan Tao's profit (ITA) decreased by 78.8% to VND23.88 billion in Q2/2023
SNP 2023 - Run As One - Run together for a sustainable development community
Business activities of oil and gas companies in June 2023
Business activities of banks in July 2023
MB (MBB) earned VND12,735 billion in the first 6 months, adding 4 million new customers
Plan on implementing national strategy on climate change ...
Actively and effectively adapting, reducing vulnerability, loss and damage due to climate change; reduce greenhouse gas emissions ...Scheme on attracting, restructuring and improving quality ...
Urban development plan of Binh Phuoc province in a period ...
Plan on implementing Decision No. 327/QD-TTG dated March ...
Hung Kings Temple Festival 2023 kicks off
The Hung Kings Temple Festival 2023 and the Culture and Tourism Week of Ancestral Land 2023 kicked off in the northern province of Phu Tho ...Vietnam trounce Palestine at AFC U-17 Women's Asian ...
Phu Tho: Festival honours UNESCO intangible cultural ...
Saigontourist Group Food and Culture Festival 2023 opens
Vietnam’s top swimmer Huy Hoang to hold Vietnamese flag at ...