Biwase’s water supply capacity reaches 710,000 cubic meters a day

On the afternoon of January 12, Binh Duong Water-Environment Joint Stock Company (Biwase) held a seminar for domestic and foreign investors.

At the seminar, Nguyen Van Thien, CEO of Biwase briefly reported the company’s production-business results in 2020. The company reached 710,00 cubic meters a day in total water supply capacity, up 250,000 cubic meters compared to 2019; gained more than 165 million cubic meters in consumption output, up 6.6%; developed additional 27,685 clients; got more than VND3.73trillion in total revenue, up 20%; achieved VND526 in post-tax profit, up 13%; paid VND201billion for State budget, up 114%.

In 2021, Biwase will strive to reach the consumption output of 174 million cubic meters; supply 28,000 clients with water; obtain more than VND3.56trillion in total revenue and around VND600billion in post-tax profit; pay VND200billion to the State budget.

Reported by Minh Duy-Translated by K.T