Summer this year seems to come earlier than usual, May seems to be more hurried in the rush of the students to catch the exam as well as "running-away-from-Covid", the red phoenix petals and the sound of cicadas started to rumble all over the place, calling for summer. Covid-19 has existed for more than a year globally, but it is still really difficult to cope with it. Every time Covid resurgence brings more dangers than before and threatens everyone, every corner, literally leaving no room to breathe. The mournful images from India make us feel heartbroken and become more worried and wary of the increasingly complicated disease developments. We anxiously follow the daily news and work together to protect Vietnam's anti-pandemic achievements, which is also to protect our beloved families.
Phan Vu entered the summer with an abundant energy source and great efforts of the whole system, with a solid stepping stone from very impressive results called April. Specifically, the total pile output and structure Concrete condition reaches approximately 60,000 m3 of concrete (equivalent to 150,000 tons), which proves that Phan Vu production lines have been restored. In which, commendable is Phan Vu Hai Duong, the factory that has just been raged by the Covid-19 in February-March, 2021 has recovered spectacularly, with an output of more than 10,000 m3 of concrete. This achievement helped Phan Vu Hai Duong win the title of the best production recovery unit during the Covid-19 pandemic, 100,000,000 VND was rewarded by the General Director. Besides, a series of other member companies also achieved high output such as Fecon Ha Nam, Phan Vu Dong Nai, Phan Vu Quang Binh... contributed to the group's overall achievement in April. Special commendation Phan Vu Quang Binh continues the month with the highest profit/revenue ratio in the group
This May, difficulties are still piling up, the Covid-19 pandemic is breaking out again and is more complicated than the previous one. While the price of raw materials, especially steel, skyrocketed, greatly affecting the group's profit results. Our signed workload is still very large, with more than April of production. Therefore, converting sales from signed contracts into actual output for production plants and construction units is a challenge for the Sales Division, especially still having to ensure the profit target during this volatile time
All factories of Phan Vu are in a state of operation at maximum capacity, but fluctuations in the price market and human resource market are a huge challenge for the managing directors. The Group departments are also focusing on supporting technical solutions with financial solutions along with subsidiaries to turn challenges into opportunities, improve labor productivity, and enhance capabilities. This will create a higher income for employees and enhance the competitiveness of Phan Vu's products and services.
On May 10, Phan Vu Dong Nai announced a new record when the production exceeded 500 m3 / day, of which nearly 60 large piles with diameters from D800 - D1,000x30m. This is an achievement that signals that May is the time when many old records will be broken and new records will be set and Phan Vu will be brought to the next success. Wind power projects entered the sprint phase for the construction of turbine foundation piles, this is the time when many other factories of Phan Vu such as Phan Vu Long An, Phan Vu Hai Duong, Fecon Ha Nam will join Phan Vu Dong Nai and contribute its output to this renewable energy sector. I believe that we still maintain good form and continue to affirm our leading position in the wind power market
Phan Vu has been effectively implementing the dual goals of the Government, both epidemic prevention and economic development. May will be even more brilliant as we are determined together to continue to get through this Covid-19 outbreak safely. I believe in the great victories of Vietnam and the success in the fight against the Covid-19 pandemic to bring economic development into the new normal.
I sincerely thank all of you for your dedication in all positions to help Phan Vu constantly grow and thrive. Wishing all employees of the group and their families good health and enjoy the summer safely.