In the first quarter of 2021, Viglacera reported a profit after tax of 279.5 billion VND, up 65% over the same period (Source: Internet) Viglacera Corporation (Viglacera – Ticker: VGC) has just announced its Q1 / 2021 financial statement. Accordingly, the company recorded net revenue for the period of VND 2,358 billion, a slight decrease of 0.6% compared to the same period last year. However, the cost of goods sold decreased sharply, at 8.6%, down to 1,681 billion dong. L Therefore, Viglacera reported a gross profit of 677 billion VND, up 27% compared to Q1 / 2020. In the first 3 months of the year, revenue from financial activities of Viglacera reached 4.9 billion VND, down more than 66% compared to the same period last year, while the cost of this activity was still flat at 46 billion VND. Selling expenses decreased slightly by 5% to 149.5 billion, while administrative expenses increased 28% to over 151 billion. Profits from joint ventures and associates of Viglacera reached more than 16.8 billion, up 5.8 times compared to Q1 / 2020; Loss from other activities also decreased by more than 55%, to VND3.8 billion. As a result, Viglacera’s profit before tax in Q1 / 2021 reached VND 347.7 billion, up 58% over the same period and completed 34.7% of the year plan. After tax, Viglacera reported a net profit of 279.5 billion VND, up 65% over the same period, of which profit attributable to the parent company was 277 billion VND, up 182% over the same period in 2020. In 2021, Viglacera sets a target of a total revenue of 12,000 billion VND, an increase of 27% compared to 2020; Profit before tax is expected to reach VND 1,000 billion, an increase of 19% compared to the previous year. In terms of investment activities, in 2021 Viglacera plans to spend VND 2,400 billion on investment in technical infrastructure and services in industrial zones (IZs); VND 375 billion for the housing business and VND 25 billion for materials, research and development, and training. In which, the company plans to deploy, prepare to invest in new projects such as: Viglacera Eurotile brick factory, with a capacity of 9 million m2 / year in Ba Ria – Vung Tau; Thuan Thanh I Industrial Park is 249.75 hectares in Bac Ninh; worker housing project in Dong Mai Industrial Park, Tien Hai Industrial Park, social housing area in Tien Duong – Dong An. In addition, Viglacera also researches and develops industrial zones, including: Doc White Stone Industrial Park in Van Phong Economic Zone – Khanh Hoa (288 ha, expected to be invested by Yen My Industrial Park Joint Stock Company); industrial zones in Hue such as La Son Industrial Park, expanded Phong Dien Industrial Park (about 160 ha). Since April 6, 2021, Viglacera officially became a subsidiary of Vietnam Electrical Equipment Corporation (Gelex – Ticker: GEX). Accordingly, Viglacera’s business results will be consolidated into the parent company from the beginning of Q2 / 2021. /.

Specifically, with the above violation, Becamex was fined for false declaration of nearly 8.5 billion VND, the late payment of value added tax was more than 2.9 billion VND, the late payment interest of corporate income tax. industry is more than 1.4 billion. Becamex Industrial Development and Investment Corporation was fined and had to pay 57 billion VND. According to the decision of the Tax Department of Binh Duong province, Becamex corporate income tax to be temporarily paid in 2020 is 1.87 billion VND, temporarily not sanctioned for false declaration and late payment interest due to the deadline for the inspection conclusion. time of submission of corporate income tax finalization declarations. Thus, the total amount of fines and tax arrears that Becamex has to pay into the state budget is more than 57 billion VND. In particular, Becamex has fully paid the arrears of corporate income tax and value added tax of 2019 and 2020 into the state budget on February 25. Regarding the business situation, accumulated in 2020, BCM’s net revenue reached 7,723 billion VND, a decrease of 6% compared to the previous year, profit after tax reached 2,149 billion VND, a decrease of 18% compared to 2019. In 2020, Becamex planned Total revenue target is 6,016 billion VND, EAT is 931 billion VND, 40% and 65% lower, respectively compared to 2019. Accordingly, although the business result is lower than 2019, BCM still has completed. successfully exceeded 28% of its revenue target and reached 131% of its profit after tax target. As of 31/12/2020, BCM’s total assets increased by 10.7% compared to the beginning of the year to 48,190.8 billion dong. In which, main assets are inventories reached 24,165.6 billion VND, accounting for 50.1% of total assets; long-term financial investment reached 11,893.5 billion VND, accounting for 24.7% of total assets; Short-term receivables reached 3,655.4 billion VND, accounting for 7.6% of total assets. In the fiscal year, total short-term and long-term loans increased by 2.4% compared to the beginning of the year, corresponding to an increase of VND352.6 billion to 14,900.3 billion and accounting for 30.9% of total capital of BCM. . Thu Ha (Th)

Pha Lai Thermal Power: Q1 profit slightly increased to VND138 billion despite a 51% decline in revenue.

Revenue in the first quarter of Pha Lai Thermal Power reached more than VND 1,078 billion, down 51% compared to the same period in 2020. Subtracting more than VND 1,048 billion of COGS, Pha Lai Thermal Power earned only nearly 30 billion VND of gross profit, while the first quarter of 2020 recorded more than 168 billion dong.

Pha Lai Thermal Power’s gross profit margin fell sharply to 2.77%, 4.77 percentage points difference over the same period in 2020.

The Pha Lai Thermal Power side said that the power output produced in the first quarter of the year reached 849.66 million kWh, 891 million kWh lower than in the first quarter of 2020, making low revenue from electricity sales and profit from power generation. also affected decrease.

Notably, the company’s financial activities recorded a sudden increase in revenue to more than 119 billion dong, nearly 5.8 times higher than the first quarter financial revenue of 2020. Thanks to that, the profit earned from this activity is also 5 times higher than the same period to over 97 billion dong.

According to Pha Lai Thermal Power, in the first 3 months of 2021, this company has received 97 billion dong of dividend from Hai Phong Thermal Power Joint Stock Company. It is known that Hai Phong Thermal Power in the first quarter has paid 2 dividends in 2020 to shareholders with a total rate of 10%.

This company also plans to submit to the annual shareholders’ meeting in 2021 to pay additional dividends in 2020 at the rate of 14.25%, increasing the total profit distribution rate in 2020 to 24.25%. If the shareholder meeting of Hai Phong Thermal Power approves this content, in the coming time, Pha Lai Thermal Power will continue to record positive signals from financial activities.

Closing the first quarter, Pha Lai Thermal Power reached VND 138 billion in profit after tax, a slight increase of 2% over the same period in 2020.

In 2021, Pha Lai Thermal Power Board plans to submit to the AGM a business plan going backwards with revenue down 32%, pre-tax profit down 66%, standing at VND 5,658 billion and VND 415 billion respectively.

Dividend rate in 2020 submitted to the meeting is 59%, of which the company has paid in advance 481 billion dong, equivalent to 15%.

With the results achieved in the first quarter, Pha Lai Thermal Power has completed 19% of the revenue plan and more than 35% of the profit plan.

As of March 31, 2021, the company’s total assets reached more than VND 6,715 billion, down 7% compared to the end of 2020. In which, cash and cash equivalents decreased sharply by more than 66% to 92 billion VND. . Short-term receivables from customers also decreased by 35% to more than 975 billion.

Total liabilities at the end of the first quarter of 2021 reached VND 478 billion, a decrease of over 36% compared to the end of 2020, of which the decrease was mainly in short-term payables to sellers.