The above content was mentioned by the Board of Directors of Viglacera Corporation – a member company of GELEX Group in the August meeting on the morning of September 5, 2022. This is Viglacera’s actualization of the direction of the Government and the Ministry of Construction in promoting the development of social housing for workers and low-income people.

In the report at the monthly briefing, the production and business activities of Viglacera Corporation still maintained and developed well, the consolidated profit of whole Corporation in August 2022 reached 119% of the monthly plan; the consolidated profit of the first 8 months reached 118% of the year’s plan, which was up 2.15 times higher than the same period last year; holding company’s profit reached 128% of annual plan.

Addressing at the meeting, General Director Nguyen Anh Tuan directed the whole Group to focus on promoting business activities, raising awareness of brand value of Viglacera, especially in the southern market. For the Real Estate segment, we focus on developing social housing projects, speeding up the progress of site clearance and developing new industrial park projects; etc. Besides, in September, Viglacera Corporation held an Extraordinary General Meeting of Shareholders 2022 on the morning of September 7, 2022.

With the achieved results in the early 8 months, the key target is that Profit before tax of the whole Group exceeded the target in 2022. Therefore, on the basis of implemented results, the plan for the last 4 months, blocks and segments need to focus on reviewing and agreeing on effective solutions to implement the plan well, strive to fully complete the targets of the plan in 2022 that have been assigned by the General Meeting of Shareholders. The whole corporation would develop and organize the implementation of the 2023 plan tasks, ensure stable and sustainable growth.