Bibica targets 1.4 trillion VND in revenues
The Bibica Corporation, a leading confectionery firm in Vietnam, has set targets of 1.4 trillion VND (61.5 million USD) in revenues and 86.6 billion VND (3.8 million USD) in after-tax profits in 2017.
Workers package moon cakes at a Bibica factory (Photo: VNA)HCM City (VNA) – The Bibica Corporation, a leading confectionery firm in Vietnam, has set targets of 1.4 trillion VND (61.5 million USD) in revenues and 86.6 billion VND (3.8 million USD) in after-tax profits in 2017.
The targets were announced at the Bibica Corporation’s shareholders meeting held in HCM City on May 26.
Truong Phu Chien, vice chairman of the board of directors, said that in 2016, the corporation’s sales exceeded 1.26 trillion VND (52.8 million USD). Its after-tax profits stood at 81.2 billion VND (3.6 million USD).
Currently, Bibica has more than 200 products and 1,200 exclusive distributors, 115,500 retail shops and 500 supermarkets and convenient stores across the country. Its products have been shipped to 15 countries and territories worldwide.-VNA
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