A Vicostone member of staff introduces products to a customer. — Photo courtesy of the company Vicostone Joint Stock Company (stock code: VCS) – a unit of Phenikaa Group, posted a net revenue and a pre-tax profit of over VND1.22 trillion and VND258.47 billion, respectively in the fourth quarter of 2022. In total, the company's net revenue and profit before tax surpassed VND5.66 trillion and VND1.37 trillion in the whole of 2022, pursuant to its consolidated business results which were released on Tuesday. According to Vicostone, political instability, inflation, and tight monetary policy around the world were among the factors influencing its business in 2022. To overcome these challenges, Vicostone has continued to enhance its internal strength and proactive approach to saving costs, holding the ground on key markets and reaching for other potential markets through the development of direct distribution channels, thereby amplifying VICOSTONE® brand recognition. Phenikaa … [Read more...] about Vicostone announces business results in 2022