(seafood.vasep.com.vn) Sao Ta Fooods, Vietnam's leading shrimp exporter, is poised for a breakthrough in the final months of this year, capitalizing on its substantial inventory and surging market demand for refined goods.
(seafood.vasep.com.vn) Sao Ta Food Joint Stock Company (FIMEX VN) revealed that the shrimp aquaculture this year encountered some difficulties due to the pandemic, however, the positive outcomes had resulted in the reduction of cost and an increase in profit for the second quarter of the year.
(seafood.vasep.com.vn) Sao Ta's sales in April 2022 increased by 10% compared to the same period last year and it is forecast that May's operation will improve significantly when the agricultural products segment arrives at the time of mass delivery and shrimp from the farm will focus on harvesting.
(seafood.vasep.com.vn) According to the General Department of Vietnam Customs, in the first three months of 2022, seafood exports reached 307 thousand tons, 2.5 billion USD, up 18.5% in volume and 38.7% in value over the same period in 2021...
(seafood.vasep.com.vn) Despite being heavily affected by Covid, which led to a series of high transportation costs, Sao Ta Food Joint Stock Company (FIMEX VN) still reported historically high profits after 26 years of operation. FIMEX VN ranks 6th among Vietnamese seafood exporters in 2021 and is the 4th largest shrimp exporter with sales of 166 million USD.
2021 is considered by Sao Ta Food Joint Stock Company (FIMEX VN) to be the most successful year of shrimp farming in the company's 10-year history.
(seafood.vasep.com.vn) By September 21, 2021, Sao Ta Food Joint Stock Company (FIMEX VN) has restored 100% of capacity after the period of social distancing. Sao Ta's shrimp prices are at a good level and the company is accelerating production to meet the needs of its partners.
(seafood.vasep.com.vn) FIMEX VN considers shrimp farming to be the company's best performing business at this stage. The company's shrimp business grew 29%, higher than the industry average (about 15%).