Since early this year, Phuoc Hoa Rubber Joint Stock Company (JSC) in Phu Giao district has made efforts to attain good results in production and business. Along with planting rubber trees and tapping their latex, the JSC has got involved in many other fields and reached initial economic efficiency.
Profit ensured
In October, Phuoc Hoa Rubber JSC tapped 1,716 tons of dried rubber latex and purchased 1,631 tons of rubber latex from small rubber plantations. Thus, over the past ten months, the JVC tapped 11,746 tons of rubber latex, bought 10,587 tons of rubber latex (or 105.87% of the year’s plan) and sold more than 3,000 tons of finished latex products with the average price of more than VND30million per ton, helping it secure nearly VND722 billion in total revenue. Its total profit as of late September was more than VND150billion.
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Since early this year, Phuoc Hoa Rubber JSC has taken fruits in production and business. In picture: The JSC’s workers tapping rubber latex
Le Phi Hung, General Director of the JSC said that the above results from the efforts by leaders of the JSC in instructing workers to regularly carry out technical inspection, continue absolutely tapping latex in each rubber plantation that is prepared for liquidation while inspecting newly-cultivated rubber plantations. Hence, the JSC has still ensured its profit this year although natural disasters damaged more than 21,000 rubber trees belonging to its plantations.
The JSC has also well realized tasks on protecting rubber trees and preventing diseases in them. Mr.Hung added that since early this year, the JSC has adjusted its rubber latex purchasing prices for 7 times in order to be in line with the world’s market prices and assure rubber growers’ benefit.
Member units with effective operation
According to leaders of Phuoc Hoa Rubber JSC, units under the JSC have worked very effectively. For example, Phuoc Hoa-Kampongthom Rubber Development Co.Ltd. has so far reached more than 400 hectares of rubber trees under exploitation for the first batch. Phuoc Hoa-Dac Lac Co.Ltd. has also reclaimed 400 hectares of land, tended 100 hectares of newly-cultivated rubber trees…Tan Binh industrial park (IP) invested by the JSC has obtained nearly 114 hectares of land for lease or 46% of total and absorbed 32 investors, including 6 foreign ones, with total registered capital of US$19.7million.
For the rest of the year, the JSC will try harder to reach VND907.31billion in revenue and pay VND77billion for State budget. To achieve these targets, the JSC will continue realizing investment management and encourage laborers to implement solutions on intensive cultivation, well tend rubber gardens to be able to narrow the time for basic construction and soon put them into exploitation.
On the other hand, the JSC will further pay attention to raising awareness of thrift and wastefulness in each official and worker in all activities to control over the costs for product prices amid some costs on sharp increase at the real situation of the market, thereby step by step ensuring efficiency in production, business and stabilizing laborers’ income; fulfilling its tax obligation as stipulated and assuring the rate of dividend under the Resolution of its conference for shareholders.
The JSC will also further promote emulation movements among its officials and laborers; pay more attention to member units’ implementation of working regulations, aiming to develop its gardens, products and trademark…
Reported by Xuan Vi-Translated by K.T
