Hau Giang Pharmaceutical (DHG) recently had great success in business and its share price is soaring. Would you mind revealing the secret for your success?
Hau Giang Pharmaceutical (DHG) recorded strong business growth in recent years, with revenue of VND554 billion (US$ 34.62 million) in 2005, VND868 billion (US$54.25 million) in 2006 and over VND750 billion (US$46.87 million) in the first eight months of 2007. Profit reached VND55.4 billion (US$3.46 million) in 2005, VND87 billion in 2006 and over VND58 billion in the first six months of 2007. This showed that one Vietnamese dong of capital brought in one Vietnamese dong of profit. The current annual average growth of DHG is 40 per cent, while the average annual growth of the Vietnamese pharmaceutical industry is 27 per cent. Thus, DHG always accounts for more than 10 per cent of the total industry’s revenue. In the first quarter of 2007, DHG ranked 7th after several world-leading pharmaceutical companies (according to the market research company, IMS). The shares of DHG are always very high and draw special interest from foreign investors. This result comes from DHG’s investment in human resources.
One of the criteria for investors to buy DHG shares is the company has a capable leader. What do you think about this?
In fact, DHG did not expect its shares, debuted on the listed bourse in late 2006, would draw as much interest as they do now. The market price of DHG shares is four folds higher than par value. This showed that DHG has affirmed its leading position in the Vietnamese pharmaceutical industry. I feel more responsibility to repay the trust of investors and to introduce more effective business strategies based on the motto “Always exploring the difference to take the lead.” This is one reason for the attractiveness of DHG stock.
Apart from being known for business administration excellence, you are also named the “kind-hearted businesswoman” by the press. What do you think about this? Do you transmit that spirit to the staff of Hau Giang Pharmaceutical?
One of the seven core values of DHG is that “Benefits for the community are the start of all activities.” Thus, DHG always orientates its employees to relate community health to business. This can be seen in products manufactured by DHG. In addition, all units in the company usually take part in community development activities such as blood donation. On September 2, more than 500 employees of the company registered to donate blood. After the terrible collapse of Can Tho Bridge during construction, the Can Tho Haematology and Blood Transfusion Centre called DHG and the company immediately sent 100 employees to donate blood for the injured. DHG was the first blood donator to be present at the hospital. DHG always fulfils its mission and responsibility to the society and the community.
The recent collapse of Can Tho Bridge shocked the entire nation. Hau Giang Pharmaceutical was known to the most active unit in rescuing victims. Could you talk about what DHG did, demonstrating the name of the “for the health of everyone” company?
After the accident, DHG acted with the natural response of a human being. DHG served foods for rescuers to ensure their health for continued hard work.
Sharing with the families who lost loved ones, DHG accompanied the Can Tho Red Cross Association to visit families of 31 death victims in My Hoa Commune. Seeing the misery of families without breadwinners, DHG raised VND200 million to help victim’s families to overcome the worst period. DHG knew that this action was only a temporary solution, but DHG will still provide further assistance in case of need.
Nguyet Cam
Vietnamese
