Vietnam's Hung Vuong Sells Fish Meal Factory to Increase Capital; Plans to Up Basa Sales
SEAFOODNEWS.COM [mp.weixin] translated by Amy Zhong - February 21, 2018
According to Vietnam’s media, Hung Vuong Joint Stock Company, one of the country’s main basa processing plants, has recently released its financial report for 2017. The report shows its after-tax profit is 705 billion VND, about US $31 million last year. But its earlier report said its profit was merely 63 billion VND, which made the public lose confidence in the titan.
But as the latest report reads, its revenue is 15,514 billion VND (~ US $683 million) in 2017, which declined 13 percent ...
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