tải fun88官网NTP reports profits up, merger formed

NTP reports profits up, merger formed

Tiền Phong Plastic Joint Stock Company plans a merger with Năm Sao Plastic Company in Hải Phing City. — Photo cafef.vn

HÀ NỘI (VNS) — Tiền Phong Plastic Joint Stock Company (NTP) in  二0 一 五 witnessed a year-on-year increase of  二 二 per cent in revenue,  一 三 per cent profits, and a merger with another plastics company.

This has been announced in the NTP’s report issued to its shareholder general meeting, which will be held on March  二 六.

This year, the NTP has planned a revenue of VNĐ 三. 九 trillion (US$ 一 七 四. 一 million), an increase of  一0 per cent over  二0 一 五 and a profit of VNĐ 四 一 五 billion, an increase of  七 per cent respectively.

The merger it announced last year was with Năm Sao Plastic Limited Company, which has a charter capital of VNĐ 二 一 billion and manufactured plastic products for buildings in the northern city of Hải Phòng.

Under the schedule, NTP will compete a new factory specialising in producing plastic pipes of PEHD PPR in about  六 二,000 hectares of land of the former Năm Sao Company by next year.

Năm Sao Company will then be one of NTP’s subsidiaries.— VNS