The year 2024 marks the 15th anniversary of An Tien Industries JSC (HII). Throughout this journey, An Tien Industries has achieved remarkable milestones and created many proud moments.
An Tien Industries is currently a leading producer of plastic additives in Vietnam. With a highly trained and experienced team, combined with modern production technology, An Tien Industries is recognized as a top manufacturer of Ancal plastic additives and ultra-fine CaCO3 powder. The company has established a strong foothold in both domestic and international markets. An Tien Industries’ products are not only serving the domestic market but are also exported to more than 70 countries and territories worldwide.
On the occasion of our 15th anniversary, the Board of Directors of An Tien Industries would like to express our heartfelt gratitude to our valued customers and partners for their continued trust and support throughout this journey. We also extend our sincere thanks to our entire dedicated employees — the people who have continuously strived and contributed to the success and sustainable growth of An Tien Industries.
In response to the severe damage caused by Typhoon No. 3 (Typhoon Yagi), An Phat Holdings has supported 1.5 billion VND to assist the people of Hai Duong and Yen Bai in overcoming the aftermath of the floods and quickly restoring their lives. These two provinces are also home to An Phat Holdings’ manufacturing plants, where thousands of employees live and work.
On September 16, Mr. Pham Do Huy Cuong, CEO of An Phat Holdings (APH), on behalf of the BOD’s leadership, personally presented a donation of 1.5 billion VND to representatives of the Vietnam Fatherland Front Committees of Hai Duong and Yen Bai provinces to help the local people recover from the aftermath of Typhoon No. 3.
A representative of An Phat Holdings’ leadership presented support to Hai Duong province
Although the storms and floods have passed, the destructive forces of nature has left many serious consequences that will require a prolonged recovery process. Through this support, An Phat Holdings hopes to contribute to helping the people in the flood-affected areas return to normal life as soon as possible.
A representative of the An Phat Holdings leadership team presented the donation to Yen Bai province
Earlier, in the spirit of “The leaves protect tattered ones”, An Phat Holdings halted all activities planned for the sports event celebrating its 22nd anniversary. Instead, the entire budget and prize fund were redirected to support employees at units and subsidiaries affected by the floods.
In addition, An Phat Holdings called on all employees to contribute and assist the families of staff members affected by the natural disaster, with the hope of alleviating their difficulties and losses, helping them quickly return to a stable life after the storm and floods.
On July 18, An Phat Holdings held its half-year review meeting to summarize business activities in the first 6 months of 2024 and implement tasks for the last 6 months of the year. Attending the the event were representatives of the Group’s Board of Directors, leaders of member companies and employees of the Group.
In the first 6 months of the year, the world economy’s slow recovery and uneven growth have affected many enterprises. However, with the high determination of the Board of Directors and the efforts of more than 5,000 employees, An Phat Holdings has completed the planned targets, maintaining the Group’s solid position and reputation in the domestic and foreign markets.
CEO Pham Do Huy Cuong presented the Group’s first 6 months business results report
At the meeting, on behalf of the Group’s Board of Directors, CEO Pham Do Huy Cuong reviewed the outstanding results that APH has achieved in the past 6 months. Accordingly, APH basically completed and exceeded the set targets, plans and tasks. Mr. Pham Do Huy Cuong emphasized that in the past 6 months, APH has implemented many new and large-scale projects; the core production and business segments had strong breakthroughs, bringing stable and sustainable revenue and profits to the Group.
Among them, Packaging and Building Material Plastics segment, Engineering Plastics segment, Trade and Service segment recorded outstanding achievements. Other business segments include: Compostable products and Industrial real estate recorded positive growth, significantly contributing to the overall success of the Group. Mr. Pham Do Huy Cuong affirmed that positive business results in the first 6 months of the year will be a solid foundation for APH to accelerate its breakthrough in the second half of 2024.
However, with consistent efforts, most of the Group’s business segments have achieved or even exceeded the set plan. This proves that An Phat Holdings has strong resistance to the complicated and unpredictable impacts of the global economy. He affirmed that this achievement will be a solid stepping stone for An Phat Holdings to thrive in the future.
An Phat Bioplastics is the subsidiary with the best performance in the first 6 months of 2024
Recognizing and appreciating the efforts of subsidiaries in the first 6 months of the year, at the meeting, representatives of the Group’s Board of Directors awarded member companies with excellent achievementincluding: An Phat Bioplastics JSC (First prize), Hanoi PlasticsJSC (Second prize), An Cuong High-Tech Building Materials JSC and An Thanh Bicsol JSC (Third prize).
Member companies have excellent achievements in the first 6 months of 2024
Based on the positive results achieved in the first 6 months of the year, the Group’s leadership has set production and business plans and targets in the third quarter, specifically: Maintaining positive growth at member companies, developing new products, new customers and expanding export markets, accelerating the implementation of new projects, implementing digital transformation in production and business activities, improving the quality of human resources.
Entering the second half of 2024, the Group will continue to make efforts, overcome difficulties, and strive to successfully complete its goals and business plans for 2024.
On May 7, An Tien Industries (Ticker Symbol: HII) successfully held the Annual General Shareholders’ Meeting 2024. Accordingly, the General Shareholders’ Meeting approved target revenue of 6,900 billion VND, profit after tax of 93 billion VND, along with many other critical issues.
In 2023, An Tien Industries recorded positive business results, successfully completing the goals set by the General Shareholders’ Meeting, in the context of the global economy facing many difficulties, causing a significant impact on businesses. Vietnam plastic industry.
Accordingly, last year, An Tien Industries recorded consolidated net revenue of VND 7,882 billion, exceeding 31% of the plan. Specifically, revenue from the plastic resin trading segment reached VND 6,875 billion, accounting for 87% of consolidated net revenue. The stone powder and plastic additives production segment recorded revenue of 773 billion VND, an increase of 7% compared to 2022. The service segment recorded revenue of 232 billion VND, a decrease of 58% compared to the same period in 2022 due to transportation prices in 2023 decreasing compared to 2022.
An Tien Industries successfully held the Annual General Shareholders’ Meeting
The company recorded a profit after tax of VND 80 billion, a sharp increase from a loss of VND 143 billion in 2022 and completed 167% of the plan.
Regarding the production and business plan for 2024, the General Shareholders’ Meeting approved target revenue of 6,900 billion VND, profit after tax of 93 billion VND.
In the coming time, An Tien Industries will continue to promote its strengths and enhance its position in all areas of operation.
The General Shareholders’ Meeting approved target revenue of 6,900 billion VND, profit after tax of 93 billion VND
Regarding business activities, the company will increase sales output to 150,000 tons, prioritize the development of high quality engineering plastic compounds and compounds for the production of environmentally friendly plastic products, and expand the market. export business market, maintaining a stable profit margin in the commercial segment, optimizing customer and market structure, maintaining effective inventory.
Regarding production, the company will continue to invest in Research and Development of new products, deploy initiatives and improvements in production to improve labor productivity, optimize system operation, and Use raw materials effectively.
Regarding management, in the coming time, An Tien Industries will continue to improve the risk management system, ensure financial safety, and perform well internal control through compliance monitoring activities. with departments and factories to ensure activities are carried out effectively.
Thanks to effective business strategies and flexible policies, in the first quarter of 2024, An Tien Industries recorded consolidated revenue of 1,657 billion VND, profit after tax of 31 billion VND, an increase of 12% and 77% respectively compared to the fourth quarter of 2023. With this result, the Company completed 24% of the revenue plan and 33% of the profit plan.
On January 19, 2024, An Phat Holdings had a closing ceremony to wrap up the year 2023 and kick off their 2024 plan. The ceremony was attended by representatives of the Board of Directors, senior managers of subsidiaries, and employees of the Group.
The year 2023 has brought about numerous challenges and changes for businesses, and An Phat Holdings is no exception. Nonetheless, the company has achieved positive results amidst these difficulties through its continuous efforts guided by the motto “Efforts to accelerate – Overcoming all barriers – Reaching for breakthroughs”. As a result, An Phat Holdings has solidified its position as a leader in Southeast Asia’s high-tech and environmentally friendly plastic manufacturing sector.
At the ceremony, CEO Pham Do Huy Cuong summarized the business situation in 2023 and presented the orientation and plans for 2024. He informed that in 2023, An Phat Holdings archived positive results. Following that, in 2024, the Group continued to target 3 goals: growth profit, system upgradation, and new project development.
Also on this occasion, in addition to wise directions and directions, the Group’s Board of Directors awarded rewards to affiliates who completed the 2023 plan to recognize their dedication, including An Phat Bioplastics, An Tien Industries, Real Estate Industrial Park sector, An Cuong Building Materials, Hanoi Plastics.
Representative of Hanoi Plastics, CEO Ngo Van Thu expressed: “We have archived this success thanks to the Group’s BoD creating a mechanism to empower subsidiaries to be autonomous in decisions and unleash creativity. It is also impossible to mention the solidarity, and the dedicated, dynamic team to complete the plan of 2023. In 2024, we believe that under the wise direction of BoD, with the dedication of employees, An Phat Holdings will surely reach the finish line”.
An Phat Holdings also recognized and rewarded its employees for their dedication and innovative contributions. The Group awarded An Phat Gold Badges to those who have worked with them for 10 years and also expressed their gratitude towards individuals who came up with innovative ideas that have positively impacted the Group’s production and business activities.
In 2023, An Phat Holdings made significant progress in the US market by signing memorandums of understanding with US partners. They also deployed commercial services that facilitated trade between the two countries. Additionally, the AnEco product brand was awarded The Polaris – Seller of the Year award. This is the highest award given to honor the most outstanding Vietnamese seller with remarkable activities on Amazon in 2023.
Besides, innovations in management and technological innovations also contribute significantly to the Group’s success. The achieved successes have also shown the immense power of Solidarity and Consensus and this will also be a guideline for the Group to develop stronger in 2024 and the following years.
Some pictures at the closing ceremony:
CEO Pham Do Huy Cuong presented the Group’s plan for 2024The Group’s Board of Directors awards subsidiaries with outstanding achievements in 2023The Group’s Board of Directors awards individuals who contribute innovative ideas to production and business activitiesAn Phat Holdings honors employees with 10 years of experience working at the Group
On September 24, 2023, at An Phat 1 Industrial Park (Hai Duong), an offline race officially took place, ending a series of running events both online and offline on the occasion of the anniversary of 21 years of establishment of An Phat Holdings. With the theme “Accelerated – Breakthrough – Master the future”, the 21-year race of An Phat Holdings gathered more than 1,500 runners throughout the Group.
Specifically, with the online format, the 21-day online race recorded the participation of more than 1,000 employees in Vietnam and other countries. The participation of each employee also contributes 100,000 VND/runner to the An Phat fund (minimum 5 km/21 days) to help employees in need. Meanwhile, the offline race took place at An Phat 1 Industrial Park (Hai Duong) have the participation of more than 500 runners, competing at distances of 5, 10, and 15 kilometers.
61,000 kilometers run, more than 1,500 runners, these are the achievements recorded in the An Phat Holdings’ 21-year race.
Speaking at the opening ceremony, CEO of An Phat Holdings Pham Do Huy Cuong said: “Through this series of online and offline races, I have seen and appreciated all employees’ spirit of enthusiasm and endeavor to exceed the set target. It can be said that every time we exceed a goal, we step over our limits. Turning 21, I hope that our employees will bring the enthusiastic and vibrant spirit of youth to devote themselves, conquer challenges, and be ready to help An Phat Holdings ‘Accelerated – Breakthrough – Master the future’ in the coming period!”.
Representatives of BoD of An Phat Holdings awarded the medal to opening the offline race held at An Phat 1 Industrial Park (Hai Duong)
The 21 years of An Phat Holdings race“Accelerated –Breakthrough – Master the future” is not only an activity that unites An Phat people but also carries many noble and humane meanings, whichaimto promote the spirit, unite, practice strong will and spirit, whilecontributing practical values to the community. In the new period, An Phat Holdings aims to build a global Vietnamese brand, develop sustainable businesses, and contribute to the community and society.
Runners competed at the race this morning
After 21 years of establishment and development, An Phat Holdings has left unforgettable remarks in the market, such as becoming Southeast Asia’s largest thin monolayer film producer with many large-scale projects and owning 18 subsidiaries in diversified industries and fields. An Phat Holdings’ products are present in 70 countries and territories, such as the US, Japan, Europe, Korea, Singapore, the Arab Emirates, Taiwan, and the Philippines… Besides production and business activities, An Phat Holdings is also well-known for its CSR activities.
Towards the 21st anniversary of establishment (September 27, 2002-September 27, 2023), on the morning of August 30, in Hanoi, An Phat Holdings officially launched “An Phat Holdings Race: Accelerate – Breakthrough – Master the future”, spreading the message of health and healthy life style, bringing values to the community.
The An Phat Holdings’ Race: Accelerate – Breakthrough – Master the future is organized in the form of online and offline, with the participation of employees from 18 member companies of the Group. This is a meaningful activity to strengthen the spirit of solidarity and cohesion, contributing to improving the production and business efficiency; and at the same time spread to friends, partners and customers the pride of the establishment and development of An Phat Holdings over the past two decades.
Speaking at the launching ceremony, Mr. Pham Do Huy Cuong, CEO of An Phat Holdings affirmed: “For the first time being organized, I hope that An Phat Holdings’ Race will connect the solidarity and sports spirit of employees while contributing practical values to the community on the occasion of the 21st anniversary of its establishment. Also through this event, I hope that our employees will exercise more to improve endurance and will to conquer bigger goals together, and bring the Group to the new phase of development.”
Mr. Pham Do Huy Cuong speaking at the launching ceremony
The running theme “Accelerate – Breakthrough – Master the future” is also the goal that An Phat Holdings aims to in the new development phase. That is a strong growth rate, constantly trying to create breakthroughs and build a sustainable future.
Regarding the online race, it will take place for 21 days, from January 9 – September 21, 2023. With the spirit of solidarity, the participation of each employees will contribute VND 100,000 VND to An Phat Fund which helps employees in need (each athlete must complete minimum 5km in 21 days). The online race can record the results received in all different regions and countries.
The participation of each employee will contribute VND 100,000 VND to An Phat Fund which helps employees in need
In another hand, the offline race will take place at An Phat 1 Industrial Park (Hai Duong province), from 7:00 am to 10:00 am on Sunday, September 24, 2023, with the participation of a large number of employees of the Group and subsidiaries.
After the launching ceremony, thousands of employees across the country and abroad began to participate in the competition.
On July 13, An Phat Holdings successfully held half-year review ceremony to summarize business activities in the first 6 months of the year and implement tasks for the last 6 months of the year. Attending the event were representatives of the Group’s Board of Directors, leaders of member companies and group employees.
The ceremony summed up and evaluated the production and business activities of all An Phat Holding’s member companies in the first 6 months of 2023. Despite being affected by the global economic downturn, An Phat Holdings still strive to complete the set targets.
Mr. Pham Do Huy Cuong, CEO of An Phat Holdings presents the Group’s first 6 months business results report
Speaking at the ceremony, Mr. Pham Do Huy Cuong – CEO of An Phat Holdings reviewed the outstanding results that APH has achieved in the past 6 months. Accordingly, APH has completed the set targets, continuing to affirm the Group’s position and reputation in the market. In which, Packaging and Building Materials Plastics segment, Industrial real estate achieved outstanding results in the first 6 months of the year. Other business segments of the Group such as Chemicals for the plastic industry, Industrial catering services, Engineering plastics, Compostable products, Trade and services etc recorded positive growth. This is a solid premise for the Group to accelerate in the second half of 2023.
Ms. Nguyen Thi Tien, Standing Deputy CEO of An Phat Holdings presents the report on changes in governance
Recognizing and appreciating the efforts of subsidiaries in the first 6 months of the year, at the ceremony, representatives of the Group’s Board of Directors awarded the business sectors with excellent achievement in the first 6 months of the year.
Packaging and Building material plastics segment won the best performance award in the first 6 months of the yearIndustrial real estate segment won the award for The Efforts in production and business activities in the first 6 months of the year
At the ceremony, the Board of Directors also listened to the sharing of representatives of member companies. Though being affected by the global economic picture, according to representatives of the Group’s segment, in the first half of 2023, production and business activities have gradually recovered, significantly improved compared to 2022.
Based on the positive results achieved in the first 6 months of the year, the Group’s leadership has set production and business plans and targets in the third quarter, specifically: Maintaining positive growth at member companies, developing new products, new customers and expanding export markets, developing new industrial real estate projects, implementing digital transformation in production and business activities, improving the quality of human resources.
Entering the second half of 2023, representatives of member companies are confident to soon fulfill the target that has been set at the General Shareholders’ Meeting.
On April 26, An Tien Industries (Ticker Symbol: HII) successfully held the Annual General Shareholders’ Meeting 2023. Accordingly, the Annual General Shareholders’ Meeting approved a target revenue of VND 6,000 billion (255.5 million USD), consolidated profit after tax of VND 30 billion (1.28 million USD), along with many other critical issues.
In 2022, the global economy faced numerous challenges which led to rampant inflation and economic downturn in many countries. These factors have negative impacts on economic growth, causing difficulties for enterprises, including An Tien Industries JSC. Under these circumstances, the Board of Directors (BOD) has drastic action and effective measures to flexibly adapt to the new situation.
As a result, An Tien Industries’ revenue in 2022 reached VND 10,665 billion (454.2 million USD), increasing by 29% compared to 2021, completing 119% of the plan, of which, the commercial segment contributed VND 9,386 billion (399.7 million USD), the production segment contributed VND 724 billion (30.8 million USD), the service segment contributed VND 556 billion (23.6 million USD).
Consolidated gross profit reached VND 233 billion (9.9 million USD), which decreased by 55% compared to 2021 as plastic resin prices fell significantly in the second half of 2022, making the commercial segment less efficient. The gross profit of the production segment reached VND 219 billion (9.3 million USD) (up 15%), the service segment reached VND 25 billion (1.06 million USD) (up 1.8%). Thus, the production and service segments remained stable in 2022.
An Tien Industries successfully held the Annual General Shareholders’ Meeting
Regarding the production and business plan in 2023, An Tien Industries will continue to promote its strengths and improve its position in all areas of operation.
Along with the trend in the world to start shifting the consumption of high-tech plastic products to replace conventional plastics, An Tien Industries is oriented to produce high-quality raw materials for the engineering plastics segment of the Group in particular, and the plastic industry in general. Simultaneously, researching and developing products that create sustainable value for the plastic industry and are environmentally friendly.
In order to meet the growing market demand, HII aims to increase the production scale to 130,000 tons of plastic beads and stone powder and expand the export markets.
In addition, in order to improve product quality, An Tien Industries will focus on investing in R&D and modern technology, expanding production scale, and producing high-quality compounds for the Group’s engineering plastics factory, and especially producing environmentally friendly plastic products.
The Annual General Shareholders’ Meeting 2023 approved target revenue of VND 6,000 billion
In particular, HII will foster cooperation with large enterprises in the industry owning mines and modern factory systems, enhance the quality assurance of input materials; improve the risk management system, ensure financial health; implement internal control through compliance monitoring activities for departments and factories to ensure that all activities are carried out effectively.
In addition to the above issues, BOD also approved the amendment and supplement of the company’s charter, the dismissal Mr. Dinh Xuan Cuong and Mrs. Dang Thi Xue as BOD members, and the appointment of Mr. Nguyen Trung Kien as the new President of BOD.
On March 8, 2023, at the Conference on summarizing the work of emulation and commendation in 2022, deploying tasks and launching the patriotic emulation movement in 2023 organized by Yen Bai Provincial People’s Committee, An Tien Industries Joint Stock Company (Ticker Symbol: HII) was awarded the Third-class Labor Medal from the President. On behalf of the B.O.D, General Director of An Tien Industries Ngo Van Thu received this prestigious award.
At the ceremony, Mr. Do Duc Huy – Secretary of the Yen Bai Provincial Party Committee, authorized by the President, awarded the Third-class Labor Medal to An Tien Industries – a subsidiary of An Phat Holdings. An Tien Industries is also the only business in Yen Bai province to be awarded the Third-class Labor Medal for its outstanding achievements from 2017 to 2021, contributing to the great career of the Communist Party, the State and the socialist regime.
An Tien Industries is the only business in Yen Bai province to be awarded the Third-class Labor Medal
Mr. Ngo Van Thu, General Director of An Tien Industries JSCoint Stock Company, shared: “An Tien Industries is always proud to be one of the outstanding enterprises in Yen Bai province, contributing to the socio-economic development of the locality. This noble award serves as a great motivation for An Phat Holdings in general and An Tien Industries in particular to firmly step on the “green growth” journey ahead.
On behalf of the B.O.D of An Tien Industries, General Director Ngo Van Thu received the Third-class Labor Medal
Established in 2009, An Tien Industries has now risen to become the leading manufacturer of Ancal additives, CaCO3 stone powder in Vietnam. The company’s products not only serve the domestic demands but are also exported throughout more than 50 countries and regions worldwide, gaining trust and high appreciation from customers.
After more than a decade of establishment and development, the achievements of An Tien Industries in business and social contributions have been recognized by prestigious awards such as: Exporting Enterprise Award; Vietnam Gold Star Award; FAST500 award – Top 500 fastest growing enterprises in Vietnam; along with various Certificates of Merit and Emulation Flags of Governance.
