Hoa Phat Refrigeration: Profit increased 3 times compared to 2014

In 2015, Hoa Phat Refrigeration Co. Ltd recorded a very high growth rate over the previous year. Revenue reached nearly VND590 billion, up 17.5% compared to 2014. In particular, the profit after tax of the company was 3 times higher than the previous year with more than VND36 billion.

Output of all product lines of Hoa Phat Refrigeration as freezers, refrigerators, air conditioner namely Funiki grew significantly from 17 -24% compared to 2014. According to company leader, results came from several factors, including investing to expand production at all plants, especially the expansion of freezer project with a total investment of nearly VND300 billion; constantly improve product availability, more closely in marketing and after-sales service.

Funiki branded products have become the perfect choice for consumers

Notably, sales in May 2015 reached a record ever of Hoa Phat Refrigeration Co.Ltd with VND107 billion. The biggest success of the company is that the brand Funiki has its stable position in the market, competitiveness improved. Funiki brand with the slogan "Vietnam goods for Vietnamese" has created confidence and pride of "Vietnamese uses Vietnam goods".

Turning to 15th anniversary of establishment in 2016, the company will further strengthen the work market and brand for product lines across the country. Continuously improving designs, quality products and services to satisfy consumers, preparing abundant goods to meet the market demand, speciallys the peak season months; strengthening the promotion and sales of Hoa Phat freezer.

This is also the first product line in the flow direction rows switch from Funiki brand to HOA PHAT brand, started since March 2015. HOA PHAT brand new freezer is produced on the most modern technological line today. The equipment and machinery are imported from renowned suppliers, to create the best quality products to the consumers.

Nghi Tran