VND70 billion in long-term investments

By June 30, 2009, Incomfish has poured VND69.66 billion in its long-term investment projects, including VND44.23 billion to two domestic joint-venture companies, Saga Services Producing and Trading Co., Ltd, and Vega Trading Co., Ltd; and VND25.426 billion to Incomfish U.S. and Incomfish EU in the U.S. and EU, respectively.

In the second quarter, its sales and service generated VND131.78 billion, up 60.2 percent over the same period last year. This pushed its accumulative revenue in the first six months of 2009 to VND225.4 billion, a year-on-year increase of 34 percent.

The company’s earnings in the second quarter and in the first six months of the year amounted to VND21.11 billion and VND33.55 billion, respectively, up 41.5 percent and up 19.5 percent compared with last year. Its post-tax earnings in the second quarter stood at VND8.76 billion, up 144.6 percent, and in the first six months reached VND11.56 billion, up 32.4 percent over the same period last year.

Mr.Trinh Ba Hoang – General Director

(VietFishNews)