Thanks to the successful overcoming the obstacles in 2009, the gradual recovery of the world economic in 2010 and 14%/year increase in consumption demand of candy increases (Euromonitor), the companies in the industry are offered with the best opportunities to strengthen their investment and development. However, many challenges are still available such as high rate of inflation, unstable exchange rate and monetary policy, increase in input costs and especially increasingly cut-throat competition in retail market due to integration trend.
By thoroughly analyzing the world and domestic economic situation as well as internal strengths and weakness of the enterprise in the first 6 months of 2010, North Kinh Do Food Joint Stock Company achieved many satisfactory outcome: Revenue of the first 6 months in the year was 305 billion VND, making up 89% as planned, increase in 13% compared with the same period of 2009. GP was 24.4% (74.5 billion VND), 21% increase compared with the same period of 2009 making up 87% as planned.
In order to fulfill and exceed the set targets in the last months of the year, NKD continues focusing on 3 main aspects namely business development to ensure the growth rate of revenue and market share, Production development to maintain its competitive advantage in terms of quality and price against the rivals and development of administration system to improve the Company's overall performance.
NKD'S TARGET ORIENTATION TO THE LAST MONTHS OF THE YEAR ORIENTATION
OBJECTIVES
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