Water Supply Joint Stock Company: First 3 months revenue over 42 billion VND

(Baonghean.vn) - In the first 3 months of 2017, the Company's total clean water output reached 5.2 million m³and revenue of over 42 billion VND.

After equitization (December 30, 2016), Nghe An Water Supply Joint Stock Company restructured its organization in a streamlined manner, reduced indirect labor, and dissolved a number of departments and offices such as: Project Management Board, Inspection Board... Then merged a number of Branches, Enterprises, and Water Centers (only maintaining 5 departments and 6 affiliated units).

The company has also assigned quotas, settled salaries based on water consumption output, revenue and assigned water loss rate.

Operating the water supply system at Vinh Water Plant. Photo: Hoang Vinh

With that innovation, the Company's activities have developed in a positive direction and especially created coordination, close connection, and work responsibility between departments and affiliated units, while creating convenience for customers when coming to transact at the Company.

Notably, production and business have achieved remarkable results. In the first 3 months of 2017, total clean water output reached 5.2 million m³and revenue of over 42 billion VND.

Block tank system of Cau Bach - Nam Dan Water Plant. Photo: Hoang Vinh

That result is an important basis for the Company to be determined in 2017 to achieve an output (production) of nearly 33.6 million m3 of clean water, a total revenue of nearly 196 billion VND and to fulfill its obligations to pay the state budget, insurance, dividend payments, ensure and improve the lives of its staff and workers.

Hoang Vinh