(vasep.com.vn) In 2012, Cafico Vietnam Joint Stock Company (Cafico Vietnam) plans to reach VND160 billion of turnover, US$9 million of export revenue. Its dividend yield will be set at 15 percent.
To complete its 2012 targets and prepare for trade development by 2015, Cafico has set out a strategy to enhance production by using modern technologies in manufacturing. The company aims at upgrading seafood processing chain; intensifying ice production and distribution; as well as preparing to run Ba Ngoi ice processing plant.
By 2015, Cafico strives to keep its yearly export revenue of US$9 million and dividend yield at 15 percent of charter capital.
Besides seafood products, the company expects to invest in other sectors like tourism, hotels and restaurants, electrical equipment installation…
In 2011, thanks to strict control of raw material supply, including the imported source, the company can complete its supply contracts. In 2012, it is trying to purchase and store more raw material, as well as change purchasing way to ensure supply of raw material and products’ quality.
To ensure stable income for workers, Cafico increased their salary to 17 percent in late 2010; expenses for human resource were increased to 48 percent in 2011.
So far, Cafico is focusing on key export items like squid sushi, sashimi, octopus, marine fish, black tiger shrimp and whiteleg ones to the EU and some Asian markets.
www.cafico.vn