Vinachem: Industrial production value in 2017 increases 8,8%

10:52' AM - Friday, 12/01/2018

In 2017, The industrial production value is estimated increasing 8.8%; The revenue is estimated increasing 5.5% compared to 2016; The Gross profit is estimated reaching 50.1 billion VND. This is a positive result in the difficulties condition in 2017 with the result that the production business results are not satisfactory in 2016 with many targets not reached the plan.

With the strong participation of the leadership of the Group and the unit members, the efforts and solidarity of all staff office and employees with the more stable of the fertilizer market in 2017 helped the unit members in production and trading of nitrogenous fertilizer and DAP step by step promote the production and consumption of products. Production and business in these units has made positive changes. 4 units still maintained production, revenue and industrial production value is increased comparing with the same period of 2016. By the end of 2017, DAP - Vinachem capital gain is 5.2 billion VND, DAP – Lao Cai, Ha Bac Nitrogenous Fertilizer, Ninh Binh Nitrogenous Fertilizer improved in their production and business activities and gradually reduced their losses. The units member producing and trading NPK fertilizer products, phosphate super, batteries, accumulator, detergents, basic chemicals, industrial gas,etc. The unit members still keep stable and effective production contributing positive on the completion of the basic targets in 2017. Industrial production value is estimated increasing 8.8% compared to 2016; The revenue is estimated increasing by 5.5% compared to 2016; The gross profit is estimated reaching 50.1 billion VND.

With the effort of all staff office and employees of the Group, the Group has keeping the target to continue building Vinachem to become the leading corporation in production and trading of basic chemicals and chemical products for agricultural production.

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