On 10 Jan 2019, An Phat Holdings just held the Year-end meeting to summarize 2019 performances and set up the production & business strategy in 2020 at An Phat Bioplastics plant (Hai Duong)
This is one of the annual activities of An Phat Holdings to evaluate the operation results, production and business performance in 2019 and set out the goals for 2020. The event is also an opportunity to honor and reward excellent subsidiaries and employees in the past year.
Presence at the meeting are Chairman Pham Anh Duong; Deputy Chairman Nguyen Le Trung, Pham Hoang Viet; CEO Dinh Xuan Cuong together with other top managements and employees from Group and Subsidiaries.
In 2019, An Phat Holdings reached many achievements and successes in supporting industry, environment-friendly products and positive turnover.
Especially, An Phat Holdings has gained great milestones in investing and trading compostable products by taking business successfully in Vietnam and global market, getting many patents, etc.
About the 2020 strategy, in terms of production, all subsidiaries must take full control of technology, run at full capacity and optimize production costs.
In terms of business goals, An Phat Holdings will also restructure our market structure and product mix, enhance brand recognition and expand markets. In addition, financial stability, cost efficiency, management system optimization are also the key targets of next year. The Group will strive for 13% revenue growth and 38% profit growth in 2020.
Speaking at the ceremony, Chairman of An Phat Holdings Pham Anh Duong emphasized: “In 2020, the Group will focus on expanding production activities and improving the operation efficiency of member companies rather than on sales growth”.
