TCM NEWS OF JULY 2019
1. Highlight financial performance
Performance of the Mother company on June 2019, the revenue achieved about $ 11,177,225 and net profit achieved about $ 1,095,164. Performance until June, accumulated revenue is about $ 74,373,225 has achieved 96% compared the target and increased 7% compared with last same period, accumulated net profit achieved is about $ 5,103,164 has achieved 114% compared the target and increased 11% compared with last same period.
2. CSR activity
On June 2019, the Company implemented some CSR activities. Besides gives monthly scholarships to Thanh Cong students, the Company visited, gave presents monthly for three orphans and the poor family of Tay Thanh ward, organized happy mart program to sell necessities to workers. On this month, the Company coordinated with Thanh Cong clinic to check health for Thien An orphan – Tan Phu district.
3. Other activity
On June, Thanh Cong Textile Garment Investment Trading JSC organized the 2019 Laborer Conference and commended the typical labor family on the anniversary of Vietnamese family day June 28. Attending the Conference, there were representatives of Vietnam Textile Trade Union and Ho Chi Minh City Textile and Garment Union, the Company leaders and 104 officials and employees representing for more than 7,000 employees of the company. In the Conference of laborers, the Company also reported the business results in 2018 and the implementation situation in the first 5 months of 2019. the representative of the company leaders spoke and shared about Vietnam garment textile situation, opportunities and challenges for Vietnam textile and garment industry in general and Thanh Cong in particular in the context of the American – China trade war, CPTPP and EVFTA agreements as well as shared the business directions and plans of the Company in the coming time to bring best business efficiency for shareholders, investors and create jobs and bring the best benefits for employees.
June 27, 2019 at Gem Center-Ho Chi Minh City held the Ceremony of “Top 50 Best Performance Companies of Viet Nam in 2018”. Ranking of the best performance companies in Vietnam 2018 by Nhip Cau Dau Tu Journal cooperates with Thien Viet Securities Company to carry out annually as one of the prestigious activities which are evaluated and verified by experts, domestic and international organizations. The rankings were consulted by many economists and referenced by prestigious rankings of the world such as Bloomberg, Businessweek, Fortune, and Global Forbes to find and honor effective business companies on the Vietnamese stock market. Top 50 is implemented on the basis of measuring the business results of companies during 3 consecutive years, based on 3 growth indicators: revenue, return on equity (ROE) and profit on stock (EPS). Measurement results to objectively assess the management capacity of enterprises. Thanh Cong Textile Garment Investment and Trading JSC has been honored to be one of companies represent Vietnam textile and garment industry to receive this award.