On January 18th, 2022, An Phat Holdings (APH) successfully organized the 2021 Year-end Ceremony and started implementing the plan of 2022 at An Phat Bioplastics factory in Hai Duong city. The ceremony aims to evaluate the Group’s and its subsidiaries’ production and business activities for the year and announce the implementation of 2022 plans – This is a historical milestone marking the 20th anniversary of An Phat Holdings’ establishment.
The ceremony was attended the Board of Directors of An Phat Holdings and the entire Board of Directors of its subsidiaries. Year-end ceremony ensured compliance with 5K principles of health’s safety for all attending Board of Directors.
In general, 2021 was a year with many challenges and many ups and downs for Vietnamese enterprises as well as An Phat Holdings. The influence from Covid-19 pandemic, the problem of increasing sea freight rates, difficult transportation process as well as the fluctuation of materials pricing… have affected the business and production situation of many companies. However, this is also the year affirming the stability and position of An Phat Holdings thanks to the efforts of the Board of Directors and all employees.
An Phat Holdings have pointed the list of works achieved and not achieved according to the plan in the production activities and implementation of key projects in 2021, besides, the company saw a outstanding increase in revenue and profit that came from packaging production, engineering plastics & Building material plastics, trade and logistics field.
Moreover, An Phat Holdings and its subsidiaries have achieved a lot of prestigious rewards including Top 500 Largest Enterprises in Vietnam in 2021, Top 100 Largest Private Companies in Vietnam in 2021, Top 500 Most Profitable Enterprises 2021, Reliable Exporters, Top 10 mid-cap listed companies having most outstanding Annual Report in 2021, etc…
The company also emphasized a few important activities of last year for example the collaboration with Actis – British Investment Fund in the field of industrial real estate, the growth in export activities to the potential markets such as The United States, Europe… More important, the Board of Directors congratulated, awarded certificates and presented awards to 4 subsidiaries that had the best achievements in production and business activities in 2021: An Thanh Bicsol JSC., An Phat Bioplastics JSC., An Vinh Packaging Plastic JSC. and An Cuong Hi-Tech Building Materials JSC.
Also at the ceremony, the Board of Directors announced and implemented plans as well as potential projects, making them ready for new opportunities in 2022, especially An Phat PBAT Manufacturing Plant. To the key business, An Phat Holdings focuses on expanding export and consumption markets for technical and domestic plastic products, furniture, biodegradable products and materials, packaging… to Europe; investing and developing in industrial real estate, especially An Phat 1 Industrial Park Project. In parallel with this, An Phat Holdings will optimally deploy activities to increase production and business, develop markets and “flexibly adapt activities” when the pandemic still is complicated.
At the end of ceremony, the Board of Directors of An Phat Holdings and the Board of Directors of subsidiaries express the determination to complete the 2022 plan, attend to build action strategies, thereby creating a stepping stone for the company development in the next years.
Some activities at the ceremony: