Viglacera Corporation outpeformed the planned profit of 09 months in 2019

On 04 October 2019, Viglacera Corporation held a briefing to evaluate production and business results in the third quarter, the first 09 months of the year October and execute objectives for production and business plans of 03 months remained in 2019. According to recorded results, Viglacera acknowledged target profit of the parent company was achieved and exceeded the original plans.

Attendees of the briefing included: Mr Nguyen Van Tuan - Chairman of the Board of Management, Mr Nguyen Anh Tuan - General Director of the Corporation, members of the Board of Management of the Corporation, Supervisory Board, Deputy General Directors of the Corporation and Directors of subsidiary units and key officers of departments under the Corporation.

Mr Nguyen Anh Tuan - Deputy General Director of the Corporation reported on overall results of production and business activities in the third quarter and the first 09 months of the year.

According to the evaluation report, the results of production and business plans in September  indicated that the profit before tax of the Corporation reached 103% of the month plan, accumulated profit of 09 months of the year reached 109% of the 09-month plan and accounted for 80% of the plans in 2019.

Mrs Tran Thi Minh Loan - Director of Finance and Accounting Department & Mrs Pham Ngoc Bich - Head of Supervisory Board evaluate figures recorded under the Report on Production and Business Results of Quarter III and the first 9 months of 2019

The market situation of construction-material production was still in a tough period, but with supports of the real estate business, other targets of the Corporation basically remained close to the plans from the beginning of the year. The acquired results of Real Estate Group - Industrial Park is the right direction of the Corporation.

Mr Nguyen Van Tuan - Chairman of Boad of Management directed at the briefing

Based on the results achieved in the third quarter and the first 9 months of 2019, Viglacera sets a target plan for the last 3 months of 2019, which is to continue to follow the monthly plan of each unit, group;. promptly resolve problems arising to fulfill committed plans successfully. Exports activities received special concerns, a detailed plan had been developed and implemented since the fourth quarter of 2019 and prepared for the plan 2020 to reduce domestic competitive pressure as well as affirm Viglacera brand.

Mr Nguyen Anh Tuan - General Director of the Corporation directed at the briefing

In order to complete the target plan, General Director - Nguyen Anh Tuan directed: “The overall market situation for this year and the next year will still be challenging, competitiveness will be intensified. After this briefing, all Directors of subsidiary units and officers should focuse on setting up a specific plan in production and business activities to overcome all difficulties and complete the plans for the fourth quarter. and the year 2019 as committed”. In preparation for the plan of 2020, the General Director directed the Units to determine orientations for product development, take steps ahead of opportunities as well as anticipate challenges to be proactive in every situation. In addition, the divestments of the Corporation in the Brick Group should be implemented in accordance with the schedule agreed at the General Meeting of Shareholders.

Judging from the achieved results, Viglacera is proactively and actively implementing the planned targets with full determination to complete business and production plans. Facing difficulties of the whole market, Viglacera has been maintaining production and business activities in the fields of Real Estate and Construction Materials, ensuring the progress of investment projects, proactively proposing synchronous and timely measures in production and business management in attempt to complete plans for the fourth quarter and the year 2019.

Some photos taken at the briefing: