TCM NEWS OF DECEMBER 2019
1. Highlight financial performance
Performance of the parent company on November of 2019, the revenue achieved about $ 12,768,143 and net profit achieved about $ 852,052. Performance until November, accumulated revenue is about $ 141,921,875 has achieved 99% compared the target of 11 months and achieved about 94% compared with the last same period, accumulated net profit achieved is about $ 8,887,873 has achieved 116% compared the target of 11 months and achieved 98% compared with last same period.
2. CSR activity
On October 2019, the Company implemented some CSR activities. Besides giving monthly Thanh Cong scholarships to children of workers who have difficult, the Company visited, gave presents and necessities for three orphans. On October, 2019, the Company presented 870 boxes of milk for Son Ky orphan in District 12, Ho Chi Minh City aims to care for their health better. Besides that, the Company organizes weekly happy mark program and support necessities for the poor family of Tan Phu district. In continuous years, the Company also gave scholarships valued 100 million VND to excellent ethnic minorities students at 34 provinces and cities of Viet Nam.
3. Other activity
Thanh Cong is honorable to be ranked 172nd on VNR500 – top 500 biggest private companies in Viet Nam 2019. The evaluation is organized yearly by VietNam Report & Vietnanet Newspapers. The ranked results are evaluated – based on criteria such as revenue, profit, growth speed, total asset, total labor. Thanh Cong is one of top 10 textile garment companies in VN on top VNR500 this year.
On the evening of November 26, 2019, the Vietnam Business Council for Sustainable Development (VBCSD) – Vietnam Chamber of Commerce and Industry (VCCI) held a ceremony to announce the Top 100 Sustainable Enterprises in Vietnam in 2019. The company was voted based on the CSI 2019 Index with 98 indicators in three areas – economic – social and environmental; of which 90% are the norm of compliance with laws.
At this year ceremony, Thanh Cong Textile Garment – Investment – Trading Joint Stock Company was honored to be one of the few textile garment enterprises for many consecutive years in the top 100 enterprises awarded the Sustainable Enterprise.
In order to concretize the sustainable development target program, in addition to complying with State regulations, every year the Company constantly improves the income, welfare and working conditions for employees, improves the environment toward to reuse waste water, use wastewater to clean equipment and machine, use recycled materials, implement methods to save energy, and implement many CSR activities that contribute to social activities for community. In addition, the Company has been investing strongly in research and development (R&D) towards green environmentally friendly products such as using materials made from recycled materials. In addition, the Company applies new technology in management and production activities to bring added value to customers and investors. The company will always accompany the Government and the community to spread values and work towards the goals of reaching a more sustainable development future.