Minh Phu Seafood Corp: Urgently complete shrimp processing plant in Hau Giang

News 11:55 23/04/2012 VASEP Editor
Mr. Le Van Diep – Deputy General

Compared to the same month of 2010, shrimp export of the company increased by 70 percent in volume and 106.23 percent in value.

In 2010, Minh Phu Seafood Corp exported nearly 23,200 MT of shrimp, worth over US$247.6 million, up 44 percent in volume and 56 percent in value compared to 2009 and surpassing 37 percent of the year plan.

At the same time, the revenue of company reached VND6.645 billion, up twice from 2009. However, its net interest decreased by 10 percent to VND194 billion due to tax payment of VND29.7 billion.

Mr. Diep said that currently the company’s processing plant with a capacity of 40 MT of finished shrimp per year in Hau Giang is urgent to complete with total investment fund of VND1,000 billion. In 2011, Minh Phu Seafood Corp plans to increase three times its farming area from last year to meet raw material for the plant. The plant is planned go into operation in late April 2011.

According to Vietnam Customs in 2010, Minh Phu Seafood Corp was a leading exporter in the top Vietnamese seafood exporters.

MINH PHU CORP

Mr. Le Van Quang –  General Director

Add: Industrial Zone Ward 8, Ca Mau City, Ca Mau Province

Tel: +84 780 3838262/3839391

Fax: +84 780 3833119/3668795

Email: minhphu@minhphu.com.vn

Website: www.minhphu.com

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