{"id":14770,"date":"2020-10-28T23:44:58","date_gmt":"2020-10-28T16:44:58","guid":{"rendered":"https:\/\/dongtam.mywebico.com\/?p=14770"},"modified":"2020-10-28T23:44:58","modified_gmt":"2020-10-28T16:44:58","slug":"dong-tam-group-achieved-130-84-of-planned-profit-in-2014","status":"publish","type":"post","link":"https:\/\/dongtam.com.vn\/en\/dong-tam-group-achieved-130-84-of-planned-profit-in-2014\/","title":{"rendered":"Dong Tam Group achieved 130.84% of planned profit in 2014"},"content":{"rendered":"<\/p>\n<div class=\"post-content\">\n<div align=\"justify\">On the morning of 27\/5\/2015, at the Company Headquarters (Ben Luc Commune, Long An Province), Dong Tam Group successfully organized the 2015 Annual General Shareholder\u2019s Meeting with 87.4% participation of voting shareholders.<\/p>\n<p> At the end of 2014 Dong Tam Group\u2019s net revenue was 1,764 billion VND achieving 98.02% of target (an increase of 11.52% compared to 2013). Profit after tax was 176.6 billion VND achieving 130.84% of target (an increase of 40.5% compared to 2013). In conclusion, 2014 was an optimistic year for the business and the best of the last 4 years as reported in the General Shareholder\u2019s Meeting.<\/p>\n<p> In addition, in 2014 Dong Tam group contributed 129.4 billion VND to the National Budget.<\/p>\n<p> Dong Tam brand has 45 years of history in the Vietnamese market with over 20 years listed as a \u201cHigh Quality Vietnamese Product\u201d and many branches, showrooms, displays &amp; retail outlets, agencies and distributors nationwide. In addition, Dong Tam products are also now present in many other continents of the world<\/p>\n<p> In 2014, as the real estate market was gradually recovering, the company increased its construction materials output and expanded its distribution channels in regard to patterned tiles, ceramic bathroom fixtures, colored ceramic roof tiles, primer, paints, plastic doors, grout, pilings, drainage and raw concrete. In line with market demand, the company has been confidently investing in new production lines in order to renew and upgrade their technology, expand their size and diversify their products. Cement tiles have been the traditional, key product of Dong Tam brand from the establishment of the business. This product, which used to be favored by\u00a0 international, have recently gained attractions in Vietnam for luxurious real estate projects and new urban areas.\u00a0 In addition, Dong Tam has invested in the Green City Project at Long An Province\u2019s Administration Centre and New Urban Area in which some items such as service, green landscaping and\u00a0 infrastructure have already been completed. In addition to their key business, in 2014, Dong Tam confidently invested in the confectionary industry by purchasing new shares issued by Kinh Do Joint Stock, that recently yields positive results.<br \/> According to the General Shareholder\u2019s Meeting report, Dong Tam Group\u2019s project investment strategies are showing positive results in 2015 and will continue to maintain such results in the coming years. In particular, the construction of Long An Province\u2019s Administration Center by the Long An Province\u2019s People\u2019s Committee officially commenced and the real estate market in the Tan An area is expected to recuperate with increased transactions in the middle of 2015.\u00a0 In addition, Dong Tam Group is investing in the Long An Industrial Zone and Port which is under rapid construction and is to be completed in the end of 2015 and in operation in 2016. Once the Soai Rap River dredging project is completed and Ben Luc \u2013 Long Thanh expressway is put into operation concurrently with the Ho Chi Minh City \u2013 Long Thanh \u2013 Dau Giay Expressway, the business of Long An Industrial Zone and Port will enjoy the benefits. In addition, Dong Tam continues investing in the expansion of raw concrete plant Number 2, located in Long An, increasing production capacity from 54,000m3\/ year to 1,080,000m3\/ year.<\/p>\n<p> Based on an analysis of 2015 challenges, Dong Tam Corporation\u2019s Board of\u00a0 Management has perceived both opportunities and the need for some changes which they\u00a0 presented to the 2015 General Shareholder\u2019s Meeting. Some crucial points included Expected Net revenue of 2,000 billion VND, estimated profit after tax of 220 billion VND and the estimated dividend is 15% and these targets was agreed by 92.56% of Voting\u00a0 Shareholders in the meeting.\u00a0<\/p>\n<p> According to the information shared at the General Meeting, total revenue after the first 5 months of 2015 is estimated as follows: Net Revenue was 800 billion VND (achieved 40% as planned), profit after tax was 125 billion (achieved 56% as planned).<\/p>\n<p> With all the considerable outcomes of 2014 and the positive signals in the beginning of 2015, Dong Tam Group is promising more success in the coming years.<\/p>\n<p> <em><strong>External Affair &amp; Communication.<\/strong><\/em><\/div>\n<div style=\"text-align: center\"><img decoding=\"async\" src=\"https:\/\/dongtam.com.vn\/wp-content\/uploads\/2020\/10\/dong-tam-group-dat-1308-ke-hoach-loi-nhuan-2014.jpg\" style=\"width: 500px;height: 353px\" title=\"dong-tam-group-dat-1308-ke-hoach-loi-nhuan-2014\" alt=\"\"><br \/> Mr. Vo Quoc Thang &#8211; Chairman of the Board Of Management of Dong Tam Group presentation at General Meeting.<\/p>\n<p> <img decoding=\"async\" src=\"https:\/\/dongtam.com.vn\/wp-content\/uploads\/2020\/10\/dong-tam-group-dat-1308-ke-hoach-loi-nhuan-2014-1.jpg\" style=\"width: 500px;height: 333px\" title=\"dong-tam-group-dat-1308-ke-hoach-loi-nhuan-2014-1\" alt=\"\"><br \/> Chair of the Board of leadership in discussion about the content of voting at the General shareholders\u2019 Meetings.<\/p>\n<p> <img decoding=\"async\" src=\"https:\/\/dongtam.com.vn\/wp-content\/uploads\/2020\/10\/dong-tam-group-dat-1308-ke-hoach-loi-nhuan-2014-2.jpg\" style=\"width: 500px;height: 333px\" title=\"dong-tam-group-dat-1308-ke-hoach-loi-nhuan-2014-2\" alt=\"\"><br \/> Shareholders voting at the General Meeting.<\/p>\n<p> <img decoding=\"async\" src=\"https:\/\/dongtam.com.vn\/wp-content\/uploads\/2020\/10\/dong-tam-group-dat-1308-ke-hoach-loi-nhuan-2014-3.jpg\" style=\"width: 500px;height: 360px\" title=\"dong-tam-group-dat-1308-ke-hoach-loi-nhuan-2014-3\" alt=\"\"><br \/> Shareholder ballot casting at the General Meeting.<\/p>\n<p> <img decoding=\"async\" src=\"https:\/\/dongtam.com.vn\/wp-content\/uploads\/2020\/10\/dong-tam-group-dat-1308-ke-hoach-loi-nhuan-2014-4.jpg\" style=\"width: 500px;height: 324px\" title=\"dong-tam-group-dat-1308-ke-hoach-loi-nhuan-2014-4\" alt=\"\"><br \/> Headquarter of Dong Tam Group at Ben Luc &#8211; Long An.<\/p>\n<p> \u00a0<\/p><\/div>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>On the morning of 27\/5\/2015, at the Company Headquarters (Ben Luc Commune, Long An Province), Dong Tam Group successfully organized the 2015 Annual General Shareholder\u2019s Meeting with 87.4% participation of voting shareholders. At the end of 2014 Dong Tam Group\u2019s net revenue was 1,764 billion VND achieving 98.02% of target (an increase of 11.52% compared [&hellip;]<\/p>\n","protected":false},"author":12,"featured_media":12849,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[13],"tags":[],"class_list":["post-14770","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-event"],"acf":[],"_links":{"self":[{"href":"https:\/\/dongtam.com.vn\/en\/wp-json\/wp\/v2\/posts\/14770"}],"collection":[{"href":"https:\/\/dongtam.com.vn\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dongtam.com.vn\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dongtam.com.vn\/en\/wp-json\/wp\/v2\/users\/12"}],"replies":[{"embeddable":true,"href":"https:\/\/dongtam.com.vn\/en\/wp-json\/wp\/v2\/comments?post=14770"}],"version-history":[{"count":1,"href":"https:\/\/dongtam.com.vn\/en\/wp-json\/wp\/v2\/posts\/14770\/revisions"}],"predecessor-version":[{"id":15113,"href":"https:\/\/dongtam.com.vn\/en\/wp-json\/wp\/v2\/posts\/14770\/revisions\/15113"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dongtam.com.vn\/en\/wp-json\/wp\/v2\/media\/12849"}],"wp:attachment":[{"href":"https:\/\/dongtam.com.vn\/en\/wp-json\/wp\/v2\/media?parent=14770"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dongtam.com.vn\/en\/wp-json\/wp\/v2\/categories?post=14770"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dongtam.com.vn\/en\/wp-json\/wp\/v2\/tags?post=14770"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}