Minh Phu's FY Consolidated Net Profit Triples, Sales up 13.6 Percent
SEAFOODNEWS.COM [Vietnam News Brief] - March 11, 2015 -
Minh Phu Seafood Corporation (MPC), Vietnam’s largest shrimp exporter by revenue, said its consolidated net profit jumped 179.5% on year to VND755.08 billion ($35.12 million) last year thanks to a fall in financial costs and an increase in gross profit.
Net revenue soared 35.85% on year to VND15.09 trillion in 2014, MPC said in its consolidated quarterly financial report. The full-year earnings-per-share was VND10,930.
MPC is canceling its HOSE stock listing at the end of this month in preparation for an equity offering to foreign investors to finnace growth...
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