Bibica targets 1.4 trillion VND in revenues

The Bibica Corporation, a leading confectionery firm in Vietnam, has set targets of 1.4 trillion VND (61.5 million USD) in revenues and 86.6 billion VND (3.8 million USD) in after-tax profits in 2017.

Friday, May 26, 2017 18:16

Bibica targets 1.4 trillion VND in revenues ảnh 1

Workers package moon cakes at a Bibica factory (Photo: VNA)

HCM City (VNA) – The BibicaCorporation, a leading confectionery firm in Vietnam, has set targets of 1.4 trillionVND (61.5 million USD) in revenues and 86.6 billion VND (3.8 million USD) inafter-tax profits in 2017.

The targets were announced at theBibica Corporation’s shareholders meeting held in HCM City on May 26.

Truong Phu Chien, vice chairmanof the board of directors, said that in 2016, the corporation’s sales exceeded1.26 trillion VND (52.8 million USD). Its after-tax profits stood at 81.2billion VND (3.6 million USD).

Currently, Bibica has more than200 products and 1,200 exclusive distributors, 115,500 retail shops and 500supermarkets and convenient stores across the country. Its products have beenshipped to 15 countries and territories worldwide.-VNA

VNA

#Bibica #Bibica Corporation #shareholders meeting #confectionery firm #revenues #after-tax profits #Vietnam #Vietnamese #Vietnam news #updated Vietnam news #Vietnamplus #Vietnam News Agency

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