Seapriexco N04 to earn US$36 million in 2012
(vasep.com.vn) In 2012, Seafood Joint Stock Company N04 (Seapriexco N04) will issue more shares to raise charter capital to VND234.5 billion. The finance source is used to develop the firm’s fish farming areas to 70 hectares and add to its working capital for ensuring the stable supply of raw pangasius for its Dong Tam processing plant.
In 2012, Ho Chi Minh City-based firm plans to produce 11.5 thousand MT of products for total VND1,050 billion of sales, up 30% compared to the previous year. It expects to earn US$36 million from fish export and VND45 billion of profit before tax.
This year, Seapriexco N04 will spend VND140 billion on business development activities, including VND80 billion on farming areas and VND60 billion on feed processing plants in Dong Thap province.
Website: www.seafoodno4.com