From a manufacturing unit specializing only, providing spare parts and equipment for the building materials industry, COMA has participated in many projects, national key projects; fabrication and installation of super equipment, super-heavy, non-standard equipment, steel structures complex for the cement industry, power, oil and gas, hydropower, chemicals, food, lines electrical, construction, occupy the domestic market, replacing a portion of imports.
GPMI - Owning strong fabrication and installation of mechanical and civil engineering
Manufacturing operations, installation of mechanical and civil engineering operations are considered core business, contributed the majority of revenue for the parent company - the Corporation. Average three in 2013, 2014 and 2015, revenue from this activity reached 447 billion, accounting for 51% of total revenue. COMA has engaged in the manufacture of equipment, erection of structures and provision of supplies for various projects, important projects of the country such as Bim Son Cement Plant, But Son, Ha Tien 1 and Ha Tien 2, Cam Pha, Binh Phuoc, ...
At the hydropower projects, COMA joined hydraulic equipment installation, hydraulic, electrical, automation for Ban Ve hydropower plant, Song Tranh 2 hydropower In addition, the Corporation is also the general contractor EPC construction drawing design, supply and installation of mechanical and electrical equipment, training transferred to the Dak Sin hydropower plant 1; Srok Phu mouth, Don, Se San 4, Buon Tua Sha, Nam Muc, Nam Non, diversified and open air markets, Song Chay 5, Nam Na 3, Nam Can 2, Chieng Cong 1, Chieng Cong 2, ...
In the thermal power sector, COMA was a foreign partner of choice for the manufacture and installation of equipment electrostatic precipitators CAN Thermal Power Plant in Turkey; gas pipelines, installation of equipment Pha Lai Thermal Power Plant 2; Dust details Korgan Creak exported to Australia; shell boiler equipment for Doosan Babcock exports to the US; fuel tank for ... Phu My thermal power projects in the food, chemical, petroleum, industrial projects are also performed satisfactory COMA. COMA also participated build transport infrastructure projects, civil and industry across the country.
Besides the main field of business, the Corporation also took advantage of the maximum manpower, material resources to apply to a number of other business areas such as construction of houses for sale. 2013, 2014 this activity has contributed between 31% - 37% of the total revenue of the Corporation and in 2015 was 42%.
COMA has made an investment project to build luxury housing Skylight from 8/2009 on the area of 1.5 ha in the 125D Minh Khai Minh Khai Ward, Hai Ba Trung District, Hanoi. The project was completed and put into use from quarter 4/2013 and is currently in the process of finalization. Therefore, revenues from real estate in the past four years COMA 2012 - 2015 mainly from project cash flows Skylight.
Besides projects Skylight, a subsidiary of JSC COMA COMA 18 project is building more than 300 luxury apartments Westa construction area of 41,000 m2 in the Mo Lao Urban Area, Ha Dong District, Ha Noi. Senior Project Westa building put into use late 2014, currently ongoing COMA18 sell apartments to payback.
Also, COMA also developed labor export business, which focuses on the Middle East, Taiwan, and Japan. Corporation and its affiliates also supplies goods business, mainly provided for projects in the Corporation; in addition to the infrastructure rental business, office work, and utility service providers.
From 2013 to 2015, total revenues increased from 629.8 COMA billion to 1,118 billion, after-tax profit of 9.7 billion - 173.7 billion. In the next 2 years, COMA revenue targets more than 950 billion, after-tax profit of 16.6 billion - 19.2 billion.
Continue to develop key business lines in the future
In the next phase, after equitization, COMA continue to get mechanical equipment sector and industrial production as the leading specialized, focusing resources on the innovation and development of mechanical construction sector, increased intensify investment, technological innovation, participation in improving the localization rate of product supply mechanical, complete equipment for industries from 60-70% to 50% of volume and value. The Corporation also continues to depth implementation of manufacturing equipment, parts and supplies for the service of the upgrade, repair and renovation of cement plants, hydroelectric plants, thermoelectric device replacement import.
Along with that, COMA will expand and develop production fields of mechanical products serving auxiliary industry, environmental protection, such as solid waste disposal for the thermal power plants, chemical; Heat recovery systems for the waste gas lines ... COMA cement plant will simultaneously focus on developing branded products such as the production line COMA Tunnel brick, adobe brick; promoting production and consumption of commodities such as primary key and hardware, wood grain decor, stone pattern, decorative aluminum, water meters, cement ... ensuring the quality, aesthetic and price Members to compete on the market.
The total value of the State capital in the Corporation at the date of 07.01.2014 is more than 239.7 billion. According equitization plan, expected charter capital of the company after equitization of 350 billion. The State continues to hold 51% of charter capital, more than 17.8 million equivalent shares. 10.5 million shares will be distributed to strategic investor; 1.3 million shares reserved for employees and more than 5.3 million shares will be sold at public auction to the investing public at Hanoi Stock Exchange on the date 07.11.2016.
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