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.
(seafood.vasep.com.vn) Favorable weather conditions in the early months of 2026 have brought encouraging signs for fisheries activities in Quang Tri. Output has grown steadily, contributing to improved livelihoods for local residents.
Entering 2026, Vietnam’s seafood industry is facing a period of both high expectations and mounting pressures. Following the positive recovery in 2025, production and export activities in Q1/2026 demonstrated the strong adaptability of Vietnam’s seafood business community amid continued global trade volatility, intensifying international competition, and increasingly stringent compliance requirements in import markets.
(vasep.com.vn) In the first quarter of 2026, Vietnam’s shrimp exports reached USD 1.069 billion, up 17.5% compared to the same period in 2025. This is a positive result amid an uneven global shrimp market recovery, intensifying competition among major suppliers, and continued volatility in the international trade environment. However, this growth does not reflect a broad-based recovery across the entire sector, but rather is driven mainly by strong performance in a few markets and specific product segments—most notably lobster exports to China.
(seafood.vasep.com.vn) Vietnam’s tuna exports continued to decline in March 2026. Cumulatively, in the first three months of the year, export value reached USD 208 million, down 4% compared to the same period in 2025. The export landscape shows clear divergence across markets: while the U.S. and EU remain challenging, markets such as Russia, the Middle East, Egypt, the Philippines, and Mexico have emerged as growth bright spots.
(seafood.vasep.com.vn) In Quang Ngai Province, shrimp farming costs are rising sharply due to लगातार increases in feed, fuel, and input material prices, while farm-gate shrimp prices are declining. This has significantly reduced farmers’ profit margins and increased production risks.
(seafood.vasep.com.vn) Vietnam’s tilapia exports are experiencing impressive growth, reflecting expanding global demand as well as the sector’s development potential. However, behind the strong growth figures lie limitations in production capacity and supply chains, highlighting the need for sustainable development in the coming period.
(seafood.vasep.com.vn) Vietnam’s pangasius exports to the Middle East in 2025 and early 2026 have shown notable growth. However, escalating geopolitical tensions in the region have increasingly impacted export activities since March. This situation presents a challenge of balancing market expansion opportunities with rising trade risks.
(seafood.vasep.com.vn) The Quang Tri Department of Agriculture and Environment has instructed localities to base their stocking schedules on actual conditions in each farming area, while developing plans, allocating resources, and implementing synchronized measures for disease prevention and disaster risk management in aquaculture production.
(seafood.vasep.com.vn) In the first two months of 2026, Vietnam’s exports of fish cakes and surimi exceeded USD 45 million, up 7% compared to the same period in 2025, indicating a positive outlook for this product segment amid recovering demand in many markets.
(seafood.vasep.com.vn) During the week from April 4th to 10th, 2026, Quang Ngai province intensified its monitoring and law enforcement activities with the determination to eliminate illegal, unreported, and unregulated (IUU) fishing practices.
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