(seafood.vasep.com.vn) Sao Ta Foods Joint Stock Company (FMC) announced its August 2025 operational report, revealing an estimated total sales revenue of $40.16 million, a 32% increase compared to August 2024.
In August, finished shrimp output reached 2,888 tons, equivalent to 84% of the same period last year, while finished agricultural products reached 88 tons, doubling year-on-year. In terms of consumption, FMC sold 2,956 tons of finished shrimp, up 8%, and 181 tons of agricultural products, a slight 2% increase compared to August 2024.
The company’s consolidated revenue in August reached $40.16 million, a 32% increase year-on-year. For the first eight months, total sales were estimated at $214 million.
Regarding shrimp farming, Sao Ta stated that the company is renovating and preparing conditions for a new farming season once favorable weather returns.
Previously, FMC announced its Q2 2025 financial report, showing revenue of 1,876.44 billion VND, up 51% from Q2 2024, and net post-tax profit of 101.6 billion VND, a 21.8% increase. According to the company, the positive results were mainly driven by enhanced sales and efficient shrimp farming activities.
For the first half of the year, Sao Ta revenue growth of 43%, reaching 3,867 billion VND, while post-tax profit remained flat at 139.3 billion VND, achieving 59% of the annual revenue target and 32.6% of the profit plan.
According to a recent update from Bao Viet Securities, Sao Ta Foods has secured sufficient orders through the end of 2025. For the U.S market, the company’s management has adopted a cautious approach, avoiding excessive contracts to mitigate minimize tariff risks, selectively signing with long-term clients. Additionally, the company has proactively made provisions for costs related to countervailing duties, anti-dumping taxes and retaliatory tariffs for exports to the U.S.
On the stock market, during the morning trading session on September 8, FMC shares were temporarily dropped 0.53% to 37,800 VND per share.