Industry news

Vinatex meet with the press to announce business performance in the first 6 months of 2018

31-07-2018

On the morning of July 30, at Vinatex headquarters, leaders of the Group had a meeting with press agencies discussing the business situation of the Group for 6 months.


The ceremony was presided over by Mr. Cao Huu Hieu - Group CEO, Heads and Deputy Directors of the Group, along with a large number of reporters and journalists from more than 20 central television and press agencies.



The scene of the press conference of the Vietnam Textile and Garment Group

Sharing with the representatives of the press, Mr. Cao Huu Hieu said:  "As of June 6, 1818, the value of industrial production of the Vietnam Textile and Garment Group reached 20,515 billion VND equal to 45.9% The total revenue is 22,365 billion dong (excluding VAT), achieving 46.3% of the plan in 2018, up 8.9% over the same period of 2017. In addition, the total export turnover reached $ 1,306.6 million, equal to 43.8% of the plan in 2018, up 8.8% over the same period of 2017. Pre-tax profit (combined) reached 674 billion equivalent to 51.2% of the plan in 2018, up 23.4% over the same period in 2017. "

In the first 6 months of 2018, the Group implemented 25 investment projects (including 4 completed projects, 15 transitional projects and 6 new ones). In addition, the subsidiaries of the Group have also implemented 25 projects (including 1 factory for fiber production, 2 projects for textile and dyeing factories, 1 investment project for garment factories 12 in-depth investment projects, upgrading equipment and 9 other investment projects) -  Mr. Cao Huu Hieu exchanged more.




Mr. Cao Huu Hieu - Executive Director of Vietnam Textile and Garment Group informed the press about business results in the first 6 months of 2018 of the Group

In addition, in the last 6 months of 2018, the Vietnam Textile and Garment Group will focus on key tasks, including the development of Vinatex Fashion Center chain, projects under direct investment and management by the Group. , as well as planning ahead the complicated developments of the world textile market to meet the business plans set for 2018 ...  "According to business performance in the first 6 months, the production value of both 2018 is estimated at 44750 billion, up about 9.8% compared with the plan. Revenue (excluding VAT) is estimated at 48.325 billion, up 8.7% compared with the plan. "-  Mr. Cao Huu Hieu emphasize.

At the end of the press conference, reporters and journalists representing the press agencies asked the leaders of the Group, as well as shared the difficulties of the textile industry in the country in general and the Group. Textile in particular in the face of the pressure of the US-China trade war, as well as the human resources for the textile and garment industry.

According to vinatex.com