Vinacomin deploys tasks in the last 6 months of 2017
Thứ Sáu, ngày 14/07/2017

On Jul 11, Vinacomin held a conference to review the works of the H1 and implementing the tasks of H2/2017. Chairman of Board of Members Le Minh Chuan President and CEO Dang Thanh Hai chaired the conference.

In the first 6 months of 2017, the production and business norms have all reached and exceeded the targets. Specifically, the Group's total revenue is estimated at VND 54,577 billion, fulfilling 51.1% of the yearly plan, equal to 113% over the same period of 2016.

In which, revenue from coal consumption reached VND27,520 billion, reaching 50.7% of the plan, 113% over the same period; Revenue from mineral production and consumption reached VND5,670 billion; Turnover of electricity production and consumption reached VND 6,211 billion; Mechanical production revenue reached 1.099 billion VND; Production and supply of industrial explosive materials reached VND2,179 billion.

The financial position of the Group has been improved positively. If in 2015, the total profit was at VND839 billion dong, then by 2016 it has increased to VND1.036 billion. It is expected that in the first 6 months of 2017, the Group will earn VND 1,000 billion. The debt/equity ratio in 2015 was 2.76 times; In 2016 fell to 2.68 times; The first 6 months of 2017 is 2.6 times.

To implement the tasks of the late 6 months, Vinacomin President and CEO Dang Thanh Hai instructed the units to take the initiative in developing the plan and working closely with the local authorities; enhancing the protection of natural resources; tightening upstream coal management. Besides, all units strictly perform the Prime Minister's Directive No. 21 / CT-Tg of August 26, 2015 on enhancing the state management of coal production and trading.