BIWASE Logo
EN

BIWASE Impressive Business Results in 10 Months

12 11-2020

Overcoming the difficulties and obstacles caused by the Covid 19 pandemic, while everyone was confused about how to manage to maintain production stability, Biwase with a well-trained management force, highly skilled workers that knowledgeable and conscious in protecting and dealing with the environment; and because the company already has necessary equipment, so the adapting time is greatly shortened, production returned to normal operation, contributing to providing adequate clean water for all production, business and daily needs. Investment task is implemented on schedule, the amount is nearly 1,500 billion VND, increasing water production capacity by more than 200,000m3/day.night, in that Nam Tan Uyen water plant increases by 60,000m3/day.night, Chon Thanh increased by 20,000m3/day.night, Uyen Hung increased by 30,000m3/day.night, Tan Hiep increased by 100, 000m3/day.night (commissioning). In addition, putting 2 automatic waste treatment facilities into operation; 1 compost recycling facility for production of organic fertilizer with a capacity of 840 tons/day, and 1 incinerator plant of 200 tons/day.

All wastewater plants increased treatment output by 15%, other businesses also growing well.

The preliminary results of BIWASE 10-month production and business increased impressively, revenue was 2,991.59 billion VND and profit after tax reached 438.98 billion VND, increased by nearly 30% over the same period, and sent to the provincial budget exceeding the plan over 10%.

In addition, the company has just completed all procedures to issue additional shares to increase its charter capital, with 37,500,000 shares offered for sale, earning 946.3 billion VND, exceeding the plan 150 billion VND. Capital collected from issuing additional shares the company has handled to the temporary borrowings and advances on time as announced. With strong financial resources and good internal resources, it will help BIWASE to invest and do business more smoothly for the following years

Waste Incinerating Plant 200 tons/day, with Electric Generator capacity of 5MWh

Tan Hiep Raw Water Plant, Capacity 600,000m3/day and night




 

Others Other