An Phat Holdings recorded revenue and profit exceeding plan in Q1

17/04/2024

On April 17, 2024, An Phat Holdings held a ceremony to summarize the first quarter and deploy tasks for Q2/2024 at An Phat Bioplastics factory, Hai Duong province. Attending the ceremony were the Group’s Board of Directors, leaders, and employees of the Group.

In Q1, An Phat Holdings achieved positive business results, despite economic fluctuations in Vietnam and globally, meeting targets and maintaining a good growth rate.

During the ceremony, CEO Pham Do Huy Cuong spoke on behalf of the Group’s Board of Directors and reviewed APH’s outstanding results for the first three months of the year. The Group’s revenue and pre-tax profit exceeded the set plan, with positive growth seen in its Packaging and Interior Plastics, Engineering Plastics, Bioplastics, Trade and Services, and Industrial Real Estate sectors. This growth has brought effective and sustainable revenue for the company.

CEO Pham Do Huy Cuong presented the Q1 business report of 2024

An Phat Holdings is a robust export enterprise, but as with many companies, it has been impacted by unpredictable fluctuations in the global economy. CEO Pham Do Huy Cuong acknowledges this challenge, but believes that with the dedication, creativity, and hard work of the company’s 5,000 employees, they will be able to overcome these difficulties and meet their planned goals.

During the ceremony, Ms. Nguyen Thi Tien, the Standing Vice President, acknowledged and appreciated the results achieved by the Group in the first three months of this year. In light of the rapid changes in the domestic and international situation, Ms. Nguyen Thi Tien emphasized the importance of proactively innovating, being creative, and deploying new projects to expand production and business activities. This would help the affiliates to affirm their position in the market.

Ms. Nguyen Thi Tien – the Standing Vice President highly appreciated the results the Group has achieved in Q1/2024

The Standing Vice Chairman of the Group commended all of its subsidiaries and related departments for maintaining a good policy of taking care of the material and spiritual well-being of their employees. This has helped the workers to feel secure and attached to the Group. Additionally, she affirmed that the positive results achieved in the first quarter will serve as a solid foundation for the entire Group to transform and make significant progress in the next period.

During the ceremony, the Board of Directors heard from representatives of the Group’s divisions. The representatives reported that the production and business activities had gradually returned to the growth trajectory in the first three months of the year, significantly improving compared to the situation in 2020. They also showed a high level of determination to overcome any difficulties and complete all the set goals and tasks.

An Phat Holdings has successfully concluded the preliminary activities for the first quarter with a determined spirit to break through. They are now ready to enter the second quarter with a mindset of conquering all challenges, taking advantage of opportunities, and striving to overcome all barriers to achieve and exceed the planned goals set out at the General Meeting of Shareholders.

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