UTXICO: Shrimp export increased by 59.4%

News 11:55 23/04/2012 (LH)
In the first 9 months of 2010 the

Mr Nguyen Tuan Anh - General Director of Utxi Aquatic Products Processing Corporation (UTXICO) said in the first 9 months of 2010, the company has exported nearly 5,500 tons of frozen finished shrimp with the total value of US$58.66 million, achieving 81.5% of the annual plan and up 59.4% against the same period last year.

In QIII alone, UTXICO exported over 2,800 tons of shrimp, including: NoBaShi EBI, Sushi shrimp, fresh shrimp, breaded shrimp, skewered shrimp, mixed shrimp…worth US$33.18 million, up 79.3% year-to-year.

In the business result of QIII, 2010, its post-tax profit was estimated to reach 12 billion VND, accumulated its profit in the first 3 quarters of 2010 achieves 17.94 billion VND, representing 61.1% over the annual plan.

By the end of June, 2010, the company exported more than 2,500 tons of finished products with the value of US$25.48 million. Its post-tax profit of the first 2 quarters was estimated to gain 5.9 billion VND, an increase of 39.4% in revenue and 6.62 times in profit compared to the same period last year.

At present, UTXICO has signed the consumption contract by the end of 2010. For over-fulfilling the annual targets approved at the shareholders’ meeting, the company is positively purchasing input material and ensuring processing productivity.

According to the lastest statistics of Vietnam Customs, in the first 8 months of 2010, UTXICO ranked the fourth in the list of shrimp exporters (after Minh Phu Seafood Corp, Quoc Viet Co.,Ltd and Camimex) and stood in the sixth in the top of biggest Vietnamese seafood enterprises.

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