TCM NEWS OF MAY 2020
1. Highlight financial performance
Performance of the Company on April 2020, the revenue is $ 9,469,664 achieved 79% compared the target, net profit is $ 328,747 achieved 59% compared the target. Performance until April 2020, accumulated revenue is about $ 42,698,486 achieved 85% compared to the target, accumulated net profit is about $ 1,725,091 achieved about 66% compared to the target. Although performance is not achieved the target due to sharply affected by Covid 19 epidemic, the company also has tried our best efforts to get this result through finding anti-bacterial fabrics and face masks orders and medical protective clothes orders to offset the shortage of traditional orders. Thanks to that, the company still maintains a stable job for all employees of the Company, not yet have any case to leave or get a salary cut so far.
2. Other activity
Although facing many difficulties and challenges, responded to the call of Ho Chi Minh City Vietnam Fatherland Front Committee and Viet Nam Red Cross Association to support the prevention of Covid-19 epidemic and to support the people damaged by drought, salt water intrusion, with the spirit of solidarity and love each other, good leaves protect torn leaves and join hands with the whole country to fight against epidemics, overcome natural disasters so that no one will be left behind. On April 27, 2020, the Company has also donated VND 300 million from contribution of the leaders and the employees to support for the Vietnam Fatherland Front Committee through HCM Export Processing and Industrial Zones Authority (HEPZA) to carry out social works, foster the frontline medical doctors in the field of epidemic prevention, support to people affected by drought, saltwater intrusion in the Mekong Delta provinces and partially support for homeless people and lost their jobs due to the Covid 19 epidemic.