Thuan Phuoc Corporation (THP) has successfully held the Annual General Meeting of Shareholders in 2023 with a number of notable contents approved.
Accordingly, the Congress approved the business target in 2023 with a total revenue of 2,300 - 3,000 billion VND; export turnover is from 100 - 130 million USD; export output strives from 8,500 - 11,500 tons; pre-tax profit from 20-25 billion dong.
In addition to maintaining traditional markets, THP aims to diversify export markets, take advantage of FTAs to increase export turnover. The Company also aims to renovate farming ponds in Dien Mon, Dien Hoa to soon put the ponds into operation. Besides, the company researches and expands the depth products with high added value.
In 2022, THP surpassed its goal by 4.9% and 30%, respectively.
THP's export turnover reached 134.2 million USD , export output reached 11,305 tons in 2022. Total revenue recorded VND 3,146 billion and profit before tax reached VND 26 billion, up 17% and 27.4% respectively compared to 2021.
Last year, THP set a total revenue target of VND 3.000-3.500 billion, set profit before tax of VND 20-22 billion. With the result achieved, the company surpassed its goal by 4.9% and 30%, respectively.
THP was founded in 1987, the company mainly operates at producing and exporting frozen seafood products, agricultural products, food technology, import materials, machinery and equipment, technology, means of transport and consumer goods..
In recent years, THP has always been in the top 10 seafood exporters and in the top 5 largest shrimp exporters of Vietnam.
Compiled by Thuy Linh
(seafood.vasep.com.vn) Vietnam's tuna exports reached around $84 million in March 2024, a 17% rise. Vietnam's total tuna export revenue for the first three months of 2024 was $215 million, up 19% from the same time in 2023 but down 17% from 2022. It is anticipated that tuna exports may miss the billion-dollar mark as in 2022 at this rate and the difficulties the business faces.
Vietnam raked in over US$200 million from exporting tuna to 86 markets worldwide during the first quarter of the year, representing a rise of 19% against the same period from last year.
Vietnam’s pangasius export to the United Arab Emirates (UAE) reached more than 7 million USD in the first quarter of this year, a rise of 67% against the same period last year. UAE mainly imported frozen fillets from Vietnam.
(seafood.vasep.com.vn) According to data from General Department of Vietnam Customs, the UK imported nearly $3 million worth of pangasius from Vietnam in the first half of March 2024. Cumulative pangasius exports to this market reached $12 million as of March 15, 2024, down 3% from the same period last year.
Total export revenue from agro-forestry-fisheries products in the first three months of this year is estimated at 13.53 billion USD, up 21.8% over the same period last year; and this results in a trade surplus of 3.36 billion USD, a rise of 96.5%, according to the Ministry of Agriculture and Rural Development (MARD).
The southernmost locality is developing shrimp farming models that generate large outputs but are environment-friendly.
(seafood.vasep.com.vn) An Giang province's aquaculture output is predicted to reach 172.3 thousand tons in the first quarter of 2024, up 6.37% (+10.3 thousand tons) from the same time the previous year.
(seafood.vasep.com.vn) According to data from Vietnam Customs, as of March 15, 2024, Vietnam's cephalopod exports reached more than 109 million USD, a slight decrease of 3% compared to the same period in 2023. In the first quarter of this year, Vietnam's cephalopod exports are expected to reach about 136 million USD, down 2% over the same period last year.
(vasep.com.vn) According to statistics from the International Trade Centre (ITC), Portugal is the 6th largest tuna importer in the EU. In 2023, the country's tuna imports from other countries increased by 9% compared to 2022, reaching nearly 241 million USD.
(vasep.com.vn) Vinh Hoan Corporation has just announced supplementary documents for the 2024 Annual General Meeting of Shareholders, scheduled to be held on April 17.
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