Thai Nguyen Non-ferrous Metals Joint Stock Company: Exceeding targets in 2023

At the time of implementing the 2023 production and business plan, Thai Nguyen Nonferrous Metals Joint Stock Company - Vimico encountered many difficulties due to low zinc metal prices and product selling prices falling significantly compared to the plan. These factors directly affected the Company's revenue and production and business efficiency.

Zinc ingot production at Thai Nguyen Non-ferrous Metals Joint Stock Company - Vimico. Photo: TL

Faced with these difficulties, the Company has implemented many key solutions, such as: Increasing resource recovery; recovering useful products in zinc production tailings; promoting technical innovation initiatives...

Thanks to that, the results of the Company's main targets in 2023 all met and exceeded the plan, in which zinc ingot products reached 122.74% of the annual plan, sulfuric acid reached 129.94%, lead sulfide concentrate reached 120.07%, tin concentrate increased by 94.22% compared to 2022, copper concentrate increased by 46.13%...

The Company's total revenue in 2023 reached over VND 971 billion, equal to 102.85% of the annual plan; budget contribution was over VND 170 billion, equal to 103.07%. The Company ensures stable jobs for over 1,300 employees, with an average income of over VND 12 million/person/month.

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