DongNai: Web portal

https://dongnai.gov.vn

The profit of Sonadezi up 20% per year

Up to now, SONADEZI Company has invested its capital to establish 5 companies consisting of 3 joint stock companies and 2 joint venture companies. It has 51% holdings in the 3 joint stock companies and 30% in 2 joint venture companies.

 An Binh residential area

An Binh residential area in Bien Hoa City was constructed by Sonadezi

Sonadezi invested in constructing 6 Industrial zones in the province. Four of them are filled all their area. At present, the company has a total 350 billion VND of committed capital, generates over 200 billion VND in annual turnover and earns profits over 50 billion VND. Sonadezi’s profit/capital ratio hit over 20 % per year. The company contributes yearly over 20 billion VND to the State budget. In 2003, average productivity in term of revenue: 500 million VND/person/year.   

This statistics was reported at a conference on praising good persons and good deeds in the period of 2000-2004 held on July 15, 2005. In the past five years, the Provincial Peoples’ Committee and the Ministries have presented certificates of merit to officials, employees and communities of company and its subsidiaries. In addition, Sonadezi was awarded the 2nd grade Labor Medal by the Government; the company director received the 3rd grade Labor Medal and its deputy director was given certificate of merit by Prime Minister. Addressing at the meeting, Vice Chairwoman of the Provincial Peoples’ Committee Dang Thi Kim Nguyen hoped that the company would perform well in operating with the application of parent company and subsidiaries model as it became parent company. Accordingly, 15 subsidiaries would be formally merged with the parent Sonadezi. She also emphasized that the company would face challenges if it adopted new business model. The company should further consolidate its leading position as one of largest company in Dong Nai and continually extend into oversea markets as well as strategy to broaden a diversified company’s base for building multi-business. This helped developing a public recognition of the company’s trademark that enjoyed good reputation.

(Source Dong Nai Newspaper)

Author: admin

You did not use the site, Click here to remain logged. Timeout: 60 second