Minh Phu Corp aims to earn US$ 1 billion from exports

News 17:21 12/02/2015 609
(vasep.com.vn) According to Mr. Le Van Quang, Chairman of Minh Phu Seafood Corporation (MPC), in 2015, Minh Phu aims at exporting 60,000 MT of shrimp, with targeted turnover of US$ 1 billion.

Shortly after the Lunar New Year, Minh Phu will reorganize production lines in factories to increase productivity and optimize capacity. 

The company expects that in 2015, net profit will rise by 55% to VND 1,416 billion. In the next 5 years, revenues and profits of Minh Phu will increase at annual rate of 15-20%. Minh Phu also plans to build a new plant and expand investments abroad.

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