Cao Bang Construction and Cement Company Reports Revenue

Cao Bang Construction and Cement Joint Stock Company, a prominent player in Vietnam's construction and cement industry, has reported a remarkable revenue of 16 billion dong. This financial achievement comes amidst a challenging market environment and the ongoing global impact of the Covid-19 pandemic.

Since the beginning of the year, the company has produced 14,000 tons of cement and 3.5 million non-fired bricks. This production capacity has significantly contributed to their impressive revenue figures. The company's operations have not only generated substantial income but also contributed nearly 350 million dong to the state budget.

Employment opportunities have been a notable aspect of the company's impact, with 60 workers employed, each earning an average monthly income of 4.2 million dong. However, the company faced several challenges, including a reduced local market and the repercussions of the Covid-19 pandemic, leading to an inventory surplus of over 2,000 tons of cement and more than 1.6 million non-fired bricks.

Source: Báo Cao Bằng điện tử