The pre-tax profit of Vietnam Cement Industry (Vicem) increased year-on-year from VND 1 trillion (€39.24 million/US$44.02 million) to VND 1.34 trillion in January-June 2015.
Member unit Vicem Hoang Mai reported post-tax profits of VND 30 billion, higher than VND 24.7 billion booked in January-June 2014, while net revenue from sales and service supply amounted to VND 499 billion in April-June 2015.
Meanwhile, the post-tax profit of Vicem Ha Tien 1 increased from VND 13 billion to VND 397 billion during January-June 2015.
The member company sold approximately 1.6 million tonnes of cement in April-June 2015, up over 20% year-on-year.
Overall, Vicem is projecting fiscal 2015 profits to exceed VND 2 trillion.
