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Seapriexco No4 to invest in scampi farming
December 13, 2011, 04:17 AM

(vasep.com.vn) In early November

In the next year, Seapriexco No4 plans to rent 100 hectares to produce raw  scampi  for  processing  and  export.  The  company  also  expected  to cooperate  with  local  farmers  to  raise  shrimp.  It  will  start  by  stocking shrimp in the area of 30 hectares.

Tam  Nong  People’s  Committee  will  facilitate  Seapriexco  No4  by enlarging  planning  area  for  farming  scampi  to  2,000  hectares;  provide necessary conditions such as electricity. Moreover, the People’s Committee supported Seapriexco No4 in building a hatchery to supply shrimp seed to local farmers.

According  to  its  recent  business  report,  Seapriexco  No4  reached VND204 billion of net revenue in the third quarter of 2011, up 65 percent from the same quarter last year. Gross profit of the company also was up by 58 percent.

Compared  to  the  third  quarter  of  2010,  the  company  reported  rise  in financial  charges,  selling  administrative  expenses,  particularly  financial charges was 2.4 time higher. Post-tax profit rose by 23.5 percent.

In first three quarters this year, Seapriexco totaled VND457 billion, up 53 percent against the same period of 2010.

SEAPRIEXCO No4

Mr. Nguyen Van Luc      

General Director

Add: 320 Hung Phu, Ward 9, Dis-trict 8, Ho Chi Minh City

Tel: +84 8 39543361

Fax: +84 8 39543362

Email: seafoodno4@vnn.vn

Web: www.seafoodno4.com

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Ms Kim Thu
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