AsemconnectVietnam - TNG Investment and Trading Joint Stock Company (code TNG - HNX) said that in 2023, the Company will reach VND7,085 billion in sales revenue, completing 104% of the 2023 plan, an increase of 4.6% compared to 2022.

Among TNG's main markets, the US accounts for 53.17%, the EU accounts for 22.25%, Russia accounts for 6.08%, and other markets account for 18.31%.
This is a great effort of the Company because in 2023 the textile industry will go through a long difficult period, affected by many factors. In output, demand from main export markets decreased sharply due to the impact of inflation, while also facing fierce competition from export competitors. At input, businesses in this industry are under pressure from rising costs: electricity prices increase by 3% from May 2023 and continue to increase since the beginning of November 2023; Exchange rate increased by more than 3% since the end of the second quarter of 2023; Bank interest rates are high in the first 6 months of 2023...
TNG's leadership has made every effort to ensure jobs for 18,000 workers, with an average income of 9 million VND/person/month.
With the achieved results, Mr. Nguyen Van Thoi, Chairman of the Board of Directors of TNG, said that the Company is committed to paying full dividends to shareholders according to the 2023 Shareholders' Meeting Resolution.
N.Nga
Source: VITIC/Tinnhanhchungkhoan