Vietnam Yen Binh Cement posts VND278bn revenue in 1H15

Vietnam Yen Binh Cement posts VND278bn revenue in 1H15
Published: 28 July 2015

Tagged Under: Vietnam Yen Binh Cement 

Yen Binh Cement JSC reported revenues of VND278bn (US$12.74m) in the first half of this year, thanks to its expanding markets.

In the period, the firm sold 308,000t of cement and exported 480,000t of clinker, fulfilling 40 per cent of the whole-year target. The firm also contributed VND16bn to state budget in the six-month period.

The firm produced 400,000t of cement in the six-month period, meeting demand in Yen Bai province and neighbouring provinces of Ha Giang, Tuyen Quang and Lai Chau. The firm also exported 480,000t of clinker.

In 2015 Yen Binh Cement Company aims to generate a revenue of VND724bn with a net profit of VND21bn and a state budget contribution of VND30bn.