Hoang Long Group’s targets VND2,264 billion of turnover in 2013
(vasep.com.vn) In April 17th, 2013, Hoang Long Group held the 2013 Annual General Meeting of Shareholders in order to report its trading activities in 2012 and to discuss the new business plan for 2013.
In 2012, Hoang Long Group totaled VND1,938 billion of turnover, up of 8 percent from that reported in 2011, completing 95 percent of the 2012 yearly plan. Post-tax profit valued at VND306 million, down of 99.5 percent over the previous year and equal to 4 percent of the yearly plan.
In 2013, the Long An-based firm makes every effort to keep business and production activities via investment cooperation and a financial restructuring to keep balance between short-term and long-term capital. It also strengthens efficient business activities such as aquatic feed, fertilizers, water supply and takes accurate measures to restructure inefficient trading activities. Hoang Long Group strives to reach VND2,264.7 billion of turnover and VND40 billion of post-tax profit.
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