Vinh Hoan Estimates Net Profit to Jump 70% to $22.4M in 2016
SEAFOODNEWS.COM [Viet Nam News] - January 18, 2017
Vinh Hoan Corporation, among Vietnam’s leading exporters of pangasius fish, estimated that it would make a net profit of VND550 billion ($22.4 million) in 2016, up 70% on year.
VHC may earn a profit of VND7.21 trillion last year, meeting 94% of the whole-year plan.
The firm targets export revenue of the pangasius fish of $285 million in 2017, up 15% y/y
VHC’s consolidated net profit surged 81.5% against the same period of 2015 to VND457.3 billion in the first nine months of last year. Net revenue rose 19.4% on year to VND5.56 trillion in the period.
VHC shares remained unchanged at VND57,600 each at 14:25 local time on Jan 09...
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