Fimex VN’s US$57.6 million of shrimp sales abroad
(vasep.com.vn) In October 2012, Saota Foods Joint Stock Company (Fimex VN) sent 707 MT of frozen shrimp of all products to gain US$7.5 million. The company totaled US$57.6 million of revenue in the first ten months of the year.
Fimex VN has made many efforts to overcome difficulties. The company is trying to find a new way to avoid losses due to lack of domestic raw material for processing, the weak dollar, and down prices of shrimp caused by tough competition from other producing countries, which had bumper crops.
www.fimexvn.com