Trung Do Joint Stock Company: Striving to produce 2.3 million square meters of granite tiles
(Baonghean.vn) - On the morning of June 25, 2014, in Vinh City, Trung Do Joint Stock Company held a Shareholders' Meeting to approve the 2013 production and business results and the production direction and tasks for 2014. Attending the meeting were representatives of Hanoi Construction Corporation, representatives of strategic partners and all shareholders of the Company.
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| Production of baked roof tiles on Trung Do granite tile production line |
In 2013, although the production and business situation faced many difficulties due to storms and floods, the real estate market had not recovered and the competitive pressure in the construction materials production sector was increasing, the Company still tried and completed the growth targets set. Specifically, the production and business value reached 385.5 billion VND, revenue reached 391.7 billion VND; profit reached 27.2 billion VND, dividend rate increased by 20%.
It is worth noting that, compared to 2013, although the Company's production and business value as well as revenue decreased due to the real estate market not recovering, construction volume decreased, and material prices were fiercely competitive, thanks to good solutions, the Company still ensured jobs and income for employees. In addition to the average income of 4.2 million VND/month, an increase of 20% compared to 2012 (3.6 million VND), the Company also created new jobs for nearly 100 people, provided insurance for 65 people, and increased salary for 281 people. The Company also contributed 20.2 billion VND to the state budget.
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| Workers check and pack granite tiles at the factory |
At the General Meeting, the Company's shareholders discussed and determined that although there are signs of recovery, the production and business situation this year still faces many difficulties. To ensure jobs and income for employees, the Company has proposed many solutions to improve production and business processes, diversify and manage product quality well, striving to achieve a business value of 395.75 billion VND, revenue of 380 billion VND equivalent to 2.3 million m2granite tiles and nearly 97 million bricks; ensuring an average income for workers of 4.4 million VND/month./.
News and photos:Phuong Ha
