Thanh Cong Textile Garment (TCM) reports revenue increase of 21 per cent
Thanh Cong Textile Garment (TCM) reports revenue increase of 21 per cent
Thanh Cong Textile Garment Investment Trading JSC announced its business results in which revenue reached VND393 billion (US$17 million) last month, a year-on-year increase of 21 per cent.
The largest contribution comes from the garment segment accounting for 78 per cent, fabric production 14 per cent and yarn 7 per cent.
The company's total profit after tax reached VND19.2 billion last month, an increase of only 1 per cent over the same period last year.
In the first four months of the year, the revenue of the company hit VND1.5 trillion, up 19 per cent; and profit after tax reached VND88 billion, up 14 per cent.
The company’s leaders said that they expected an estimated revenue of more than VND4.2 trillion this year, a year-on-year growth of 18 per cent.
In particular, the company sets a profit after tax target at VND253.8 billion this year, an increase of more than VND110 billion compared to the previous year, equivalent to an increase of nearly 77 per cent.
