Vinacafe Bien Hoa reaches turnover of VND 180 billion in first five months

12:06, 03/06/2006

(ĐN)- According to Director of Vinacafe Bien Hoa Joint Stock Company Bui Xuan Thoa, in order to increase the company’s turnover and profit, Vinacafe Bien Hoa recently has produced a significant quantity of high quality coffee that its price is about 1.5 or 2 times higher than the price of normal coffee

Vinacafe Bien Hoa’s automatic coffee processing line

(ĐN)- According to Director of Vinacafe Bien Hoa Joint Stock Company Bui Xuan Thoa, in order to increase the company’s turnover and profit, Vinacafe Bien Hoa recently has produced a significant quantity of high quality coffee that its price is  about 1.5 or 2 times higher than the price of normal coffee; besides, the company has also expanded its market share in the countries which has high demand for high quality instant coffee as Japan, etc.

 

Thanks to that, Vinacafe Bien Hoa has reached turnover of VND 180 billion in the first five months of this year, VND 40 billion higher than that of last year. In which, its export turnover reached US$1.48 million, an increase of US$ 480,000 compared to the same period of 2005; the company achieved net interest income of around VND 15 billion and contributed VND 7.5 billion to State budget. The average income per employee was VND 4.5 million per month. Vinacafe Bien Hoa plans to increase its turnover by 15 per cent and annual dividend payment by 12 per cent in 2006.

 

Aiming to increase the output and further enhance the competitive capacity, Vinacafe Bien Hoa is planning to invest about VND 400 billion to expand its production capacity .

X.Phu