In February 2017, Viglacera continued to report a profit of VND77 billion, with cumulative the first two months of 144.6 billions VND

Although still in the cycle which the business situation is facing many difficulties due to the impact of the Spring Festival and people's pray occasion of the Tet Dinh Dau 2017 holidays, but the results from business activities in February of Viglacera Corporation - JSC still exceeded the plan with a profit of 77 billions VND, reaching 154% of the monthly plan. Thus, cumulativethe first two months of 2017, profit of Viglacera reached 144.6 billion, up 62.7 billion over the same period and reached 16% of the year plan;

Overview of the meeting in March 2017

Glass Department continued to be the flagship achieved profit of 38.3 billions VND, exceeding 113% of the monthly plan, Tile - Sanitary ware Department achieved profit of 6 billions VND - more than two times compare with plan, Clay brick and Tile Deparment achieved 12.5 billions VND, exceeding 116% of monthly plan. Real Estate Division gained 20,1 billions VND, compassing 108% of monthly plan, and 1.4 billions VND of profit from Trading Division, equivalent to 112% of monthly plan.

Deputy General Director, Director of Planning and Investment Department Nguyen Anh Tuan report the results in February 2017 and the plan for March 2017.

Addressing in the meeting, General Director of Viglacera - Mr.Nguyen Anh Tuan highly appreciated the efforts of all leaders and staffs of the Corporation in February 2017 in particular and the first two months of the year in general. Key targets in the business plan for February have been achieved and exceeded as a result of close and drastic direction from the first days of the first month of 2017. In March 2017, General Director Nguyen Anh Tuan continues to propose departments and units to carry out focused tasks on science and technology. With continuous testing and evaluation of product quality of the laboratory from R&D Institute, the quality of Viglacera products has been significantly improved. In the coming time, with the goal of constantly improving the quality of products, the Director General recommends science and technology will operate in two directions, first to establish the national laboratory standards V-Lab in order to carry out experiment and testing of standard products. Secondly, high-tech production units such as Glass, Porcelain, and Ceramic tiles Department should appoint the chief technology officer. In addition, strengthening the product quality control (KCS) and the research directly assigned to the director of the unit. Viglacera Development Research Institute in the coming time must strengthen its organizational structure, enhance its role in technology work to participate more closely and accompany with production activities of other units in the Corporation.

Mr. Nguyen Minh Khoa, Director of Viglacera Float Glass Company, spoke at the meeting

In the commercial activities, the Director General propose the commercial group create other more detailed plans, set up a strong communication program for the new products. Focus on launching e-commerce website to adapt the consumption trend of market. In order to cooperate with commercial units within the group, the Director General requests all units to strengthen coordination by maintaining weekly group activities to update the status, cooperate and mutual support in sales. Proceed to the specific planning to establish supermarkets specializing in building materials under the brand Viglacera for major and key markets.

With the cumulative results of the first two months, Viglacera have realized that the quality of products and production management have been effectively controlled, contributing to the higher profit and revenue ratio compare with the same period. In March, Viglacera's mission continues to focus on science and technology, research and especially on commercial and markets. That will be the core issues for the triumph of 2017.