Seaprodex: Gross margin rose by 177% in QI/2017

Net revenue from sales and services of the company reached VND40.9 billion, increasing by 89% (VND19.2 billion) . Its cost of goods sold (COGS) hit VND33.8 billion, going up VND14.7 billion or 77%. As the revenue grew faster than the COGS, the gross profit of Seaprodex came to VND7 billion, up VND4.5 billion or 177% year on year.

Compiled by Dieu Thuy