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LAFCHEMCO: profit reached 450 billion VND

11:48 AM @ Monday - 01 April, 2013

According to Lam Thao Fertilizer and Chemical Joint Stock Company (LAFCHEMCO), the company had just finished successfully year with a profit of 450 billion VND.

In 2012, in the context of the domestic economy met with many difficulties by the global economic downturn, but with the outstanding efforts of the leadership and staff official, employee, production and business of LAFCHEMCO still remain and have relatively high growth rate: the value of industrial production reached 4,764 billion VND, equal to 105% of the plan and up 6.72%; Revenue consumption reached 4,931 billion VND, equal to 117.4%, and up 21.55%; profit of 450 billion VND, equivalent to 118.42% compared with plan and up 14.38%; income workers increased nearly 15.5% compared with 2011. Companies deliver to state budget 172.8 billion VND. The main products are basically reached plan and relatively high growth, sold more than 1.6 million tonnes of fertilizer and 278 tons of sulfuric acid...

In the context of many domestic enterprises have to stop, reduce output, outcomes of LAFCHEMCO according to report has made an important mark, confirmed the position of the company after 50 years of development and 3 years equitization, and important contribution to job creation, income growth and ensure social security.

On the impetus of victory, in 2013, the company strives to achieve industrial production value 4,836 billion VND, revenue of 5,100 billion VND, profit of 380 billion VND, invested building basic 278 billion VND. Which produces about 1.6 million tonnes of fertilizer, 280 tons of sulfuric acid; sold over 1.3 million tons of fertilizer and 10,000 tons of sufuric acid, accelerate the construction of suphuric acid prodution line with capacity 400,000 tons per year and combine generate electricity and sulphate amon (SA) production plan.