Donasa reaches high growth rate in 2007

06:12, 14/12/2007

(ĐN)- Although facing many difficulties because of increasingly competitive market and high input material prices, Donasa’s production value is estimated at VND190 billion in 2007, a year-on-year increase of 25 percent, while its turnover and profit go up 20 and 50 per cent, respectively.

(ĐN)-  Although facing many difficulties because of increasingly competitive market and high input material prices, Dong Nai Paint Corp (Donasa)’s production value is estimated at VND190 billion in 2007, a year-on-year increase of 25 percent, while its turnover and profit go up 20 and 50 per cent, respectively. Accordingly, the Donasa contributed 24 billion to the state budget, up 30 percent. It plans to pay dividend at 20 percent this year. The monthly average salary of employees in the company reaches VND3.2 million.

 

Presently, Donasa is cooperating with US-based PPG Group to rent a factory in Bac Ninh to produce high quality industrial paint products that are now imported from China. The products will be sold to the northern provinces.

 

Reported by T.T