Vinh Hoan Corp completed 87 percent of annual plan

In first six months of 2011, Vinh Hoan Corp totaled cumulative revenue of VND1,859.8 billion and VND217.14 billion of post-tax profit, completing 87 percent of annual plan. Earning per share was fixed at VND4,461.

Vinh Hoan Corp’s Administrative Council has decided to establish Vinh Hoan Food Company II in Binh Thanh Trung Ward, Dong Thap province by pumping VND49.3 billion, equivalent to 98.6 percent of the new company’s total capital.

Vinh Hoan Food Company II has VND50 billion of charter capital, operating in rice production and export, fertilizer and agricultural raw material trading…

In 2011, Vinh Hoan Corp plans to obtain turnover of VND3,000 billion from seafood processing, VND1,200 billion from feed, VND290 billion of profit before tax, VND250 billion of post-tax profit and dividend yield of at least 25 percent.

VINH HOAN CORP

Ms. Truong Thi Le Khanh

Chairwoman and General Director

Add: National Road 30, Ward 11,

Cao Lanh City, Dong Thap Province

Tel: +84 67 3891166

Fax: +84 67 3891062

Email: vh@vinhhoan.com.vn

Web: www.vinhhoan.com.vn