Mr. Bui The Kich, General Director of Dong Nai Garment joint-stock Company, unveiled that in 2004 turnover of the company had reached 190 billions VND. In 2005, it targeted to reach 254 billions VND, 64 billions VND higher than that of last year. During the first 4 months of this year, it had obtained a twofold increament in comparision to the same period last year. The monthly average income of a worker was 1.4 millions VND.
At present, the company is concentrating on producing FOB products in order to lower losses caused by a unstable trend of product prices. At the same time, it is implementing a new strategy as to diversify its exports products and to be competitive and prestigious in the domestic market with its trade name of Donagamex. Although depreciation and interest rates in 2005 are higher than those of 2004, it still targets to reach profits of VND 4 billions in 2005 and its dividends will be increased to 20% against the last year.
According to Dong Nai Newspaper.
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