12/18 state-owned enterprises in Gia Lai use capital and assets effectively

THANH TUẤN |

Gia Lai On September 20, the Provincial People's Committee reported to the Ministry of Finance on the business results of state-owned enterprises and state-owned enterprises in the area.

Gia Lai province currently has 18 enterprises with 100% state capital, with the Gia Lai Provincial People's Committee as the representative owner. Of which, there are 2 enterprises operating in the field of lottery business, 2 enterprises in the field of irrigation and 14 enterprises in the forestry sector.

The total equity of these 18 enterprises is more than VND 4,392 billion. In the first 6 months of 2025, 12/18 enterprises have preserved capital, used capital and assets effectively.

However, 6/18 enterprises have not preserved their capital, of which 5 enterprises reported losses due to not having fully paid for business contracts. It is expected that in the last 6 months of the year, after receiving payment of revenue sources, the business results in 2025 will be profitable, ensuring full capital.

Mot vu pha rung xay ra tai lam phan do Cong ty Lam nghiep quan ly. Anh: Thanh Tuan
A deforestation incident occurred in the forest area managed by the Forestry Company. Photo: Thanh Tuan

Kong H'de Forestry One Member Co., Ltd. alone has accumulated losses for 2 consecutive years of more than 1.1 billion VND. The Department of Finance is reviewing and evaluating signs of financial insecurity and the operational situation of this company.

The People's Committee of Gia Lai province requested Kong H'de Forestry One Member Co., Ltd. to urgently inspect and compare the amounts that must be collected in difficulty but have not been provisioned; review the debts that have beenstanding for many years to handle according to regulations.

For 2 state-owned enterprises holding less than 50% of charter capital, in the first 6 months of the year, Binh Dinh Pharmaceutical - Medical Equipment Joint Stock Company had a stable financial situation and production and business activities, with revenue increasing by 11% and profit increasing by 22,2% over the same period last year.

Meanwhile, Binh Dinh Mineral Joint Stock Company is facing difficulties in production and business activities, and financial indicators have not met the plan set by the General Meeting of Shareholders in 2025. The Provincial People's Committee is considering divesting State capital in these two units.

According to the assessment, most enterprises comply with policies for employees regarding wages, bonuses and other regimes according to regulations, without allowing disputes or complaints related to labor policies.

THANH TUẤN
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