Phuoc Hoa Rubber JSC pays nearly VND157bln for State budget

The company last year tapped more than 19,180 tons of rubber latex with the average productivity of 2.03 tons of rubber latex a hectare. Its plantations fulfilled and exceeded the yearly plan. Among them, Lai Uyen rubber plantation reached the highest rubber latex output or 116.89% of the yearly plan.

The company also purchased 12,296 tons of rubber latex from private rubber plantations; processed more than 31,300 tons of finished rubber latex; sold more than 34,177 tons of finished rubber latex, exceeding 13.93% of the yearly plan. The company reached more than VND1.324bln in total revenue and VND371.54bln in post-tax profit. The company also paid more than VND156.9bln for State budget. The average income of the company’s laborers was VND6.3mln a month…

In 2015, the company has set a target of tapping 17,600 tons of rubber latex, purchasing 12,000 tons of rubber latex, reaching VND1.116bln in total revenue and VND144.52bln in pre-tax profit…

On this occasion, three individuals were awarded the third-class Labor Medals of the State President while three other individuals received the certificates of merit of the Prime Minister. Many collectives were also awarded the emulation banners of the Prime Minister, the Ministry of Agriculture and Rural Development, the Vietnam General Confederation of Labor…for their contributions to the company’s development over the past time.

Reported by Hoai Phuong-Translated by K.T