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| Founded in 1992, Minh Phú Seafood Corporation is not only known as “the King of Shrimp” in Việt Nam, but is also among the leading shrimp exporters in the world. — Photo minhphu.com |
Viet Nam News
HÀ NỘI — Minh Phú Seafood Corporation (MPC) recorded a pre-tax profit of VNĐ800 billion (US$35 million) last year, 24 per cent higher than the year’s plan, online newspaper nguoiduatin.vn reported.
During the reviewed period, MPC reached over VNĐ21.42 trillion of net revenue and VNĐ15.85 trillion of export turnover, a year-on-year increase of 30 per cent.
Specifically, Minh Phú Cà Mau Factory, the leading unit in the system of nearly 20 companies of the corporation, recorded revenue of nearly VNĐ11.67 trillion, pre-tax profit of VNĐ566 billion and export turnover of over VNĐ7.57 trillion.
Minh Phú Hậu Giang Factory posted VNĐ9.76 trillion of revenue, VNĐ226 billion of pre-tax profit and over VNĐ8.25 billion of export turnover.
This year, MPC targets to export 63,000 tonnes of shrimp and to hit an export turnover of $800 million.
Speaking at a recent conference to summarise the group’s business results, Lê Văn Quang, chairman of MPC, said if the group maintains the same growth rate as 2017 with an export turnover of around $700 million, the target of hitting $1 billion export turnover is reachable.
Founded in 1992, MPC is not only known as “the King of Shrimp” in Việt Nam, but is also among the leading shrimp exporters in the world.
On October 2017, MPC officially listed its stock on the Unlisted Public Company Market (UPCoM) after two years, voluntarily delisting from the HCM City Stock Exchange (HoSE).
The group plans to organise the annual shareholders’ meeting on March 10. — VNS
