Minh Phu Corp: Export turnover to hit US$687 million
(seafood.vasep.com.vn) The annual shareholders' meeting 2016 of Minh Phu Seafood Corporation (Minh Phu Corp, or MPC) has approved many important issues. In 2016, MPC planned to reach VND16,346 billion in consolidated sales and US$687 million in consolidated export turnover. Besdies, consolidated profit before tax expected to hit VND593 billion and consolidated profit after tax with VND546 billion.
According to Le Van Quang, Chairman of MPC, shrimp prices are predicted to increase by 10% in 2016. So the plan 2016 of MPC, which has included this factor, is feasible.
Besides, Red River Holding Fund withdrew its personnel from the company. Therefore, new Board of Directors of MPC consists of 6 members: Mr. Le Van Quang, Ms. Chu Thi Binh, Mr. Chu Van An, Ms. Le Thi Diu Minh, Mr. Le Van Diep and Mr. Le Ngoc Anh.
In the coming time, MPC will develop responsible shrimp products to raise the value of Vietnamese shrimp in the global market.
Website: www.minhphu.com
Compiled by Dieu Thuy