Baseafood: Facing difficulties due to high input cost

Mr. Tran Van Dung – Chairman and

At the early of this year, soaring manufacturing price soared affected negatively to enterprise’s business. Mr. Dung said that, the company spent 70 percent of investment cost for buying material, 30 percent left for other costs which are being affected sharply due to inflation.

Last year, Baseafood’s revenue reached VND 450 billion with profit of VND 13 billion. In 2011, its profit is expected to surge by 2 percent due to higher revision in exchange rate of VND/USD but it does not last long and Baseafood found that it can not reach targeted profit this year.

So far, Baseafood has signed a contract of 3,000 MT of dried seafood export, at double over 2010. Under this circumstance, it is necessary for Baseafood to use sunshine or steam emitted from other processes to dry seafood instead of using electric power with an aim to reduce 20 percent of power cost.

BASEAFOOD

Mr. Tran Van Dung – Chairman and General Director

Add: 460 Truong Cong Dinh Street, Ward 8, Vung Tau City, Ba Ria - Vung Tau Province

Tel: +84 64 3834572/3837313

Fax: +84 64 3837312/3580085

Email: baseafoodvn@vnn.vn

Website: www.baseafood.vn

 

 


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SPECIALIST ON TUNA MARKET

Ms Van Ha

Email: vanha@vasep.com.vn

Tel: +84 24 37715055 (ext. 216)

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