The success of Thang Long Tobacco Company in 2024 relied on ensuring employment and stable income for workers. The company had achieved significant achievements such as revenue increased by 14.3%, budget contribution by 10.2%, profit before tax increased by 10.78%, compared to 2023.
To achieve this performance, the company has applied solutions such as reviewing and standardizing management systems, applying information technology, investing in state-of-art machinery and equipment, and focusing on creativity to enhance competitiveness.
The production and business targets in 2024 of Thang Long Tobacco:
– Revenue: estimated at VND 8,677.9 billion, up 14.3% compared to 2023, exceeding 10.79% of the year plan.
– Budget contribution: estimated at VND 5,575.8 billion, up 10.2% compared to 2023, exceeding 6.14% of the year plan.
– Profit before tax: estimated at VND 242.25 billion, up 10.78% compared to 2023, exceeding 5.24% of the year plan.
– Return On Equity (ROE): estimated at 9.22%, up 10.57% compared to 2023, exceeding 35.59% of the year plan.
Thang Long Tobacco was highly appreciated by the parent company (VINATABA) for its impressive performance and encouraged to continue its personnel, production and export restructure, together with implementing digital transformation, in terms of engineering./.
