FMC posts $27.5 million in earnings

Jun 9th at 13:54
09-06-2012 13:54:23+07:00

FMC posts $27.5 million in earnings

Sao Ta Foods Co (FMC) posted a total revenue of US$27.5 million in the first five months of this year, up 5 per cent from the same period last year, The May revenue reached $5.5 million.

According to the company, the input costs (energy, raw materials, wages) are currently high, while the reduced global retail prices and unfavourable exchange rates cause many difficulties for the shrimp processing enterprises

vietnamnews



NEWS SAME CATEGORY

Company targets earnings

Dien Hong Printing (DHI) targets to achieve VND19 billion (US$904,700) in revenue and a net profit of VND3.4 billion. Dividends this year will probably be paid at...

HBC wins 3 bidding packages valued at 900b dong

Hoa Binh Construction and Real Estate Trading Joint Stock Co (coded HBC) has won three bidding packages worth over 900 billion dong.

Construction firm posts loss after audit

Construction firm Song Da 25 (SDJ) was found to come away with losses last year after two audits. From the profit of VND2.7 billion (US$128,500) it recorded in the...

Fitch places Hoang Anh Gia Lai on rating watch negative

Fitch Ratings has placed Vietnam-based property developer Hoang Anh Gia Lai JSC's (HAGL) 'B' Long-Term Foreign and Local Currency Issuer Default 'B' Ratings on...

The bitterness of the power transfer at STB

The smile was still on the lips of Dang Van Thanh, President of Sacombank, who was believed to fight to the death against the attempt by others to takeover...

The state’s giants and the huge debts

Not only the Vietnam Shipping Industry Group (Vinashin), but the Vietnam National Shipping Lines Corporation (Vinalines) have been found as the big debtors. And no...

Vinalines case takes new twist

The Ministry of Public Security has issued an arrest warrant for scandal-hit Vinalines’ former chairman Duong Chi Dung, who is still at large.

Hoang Anh Gia Lai’s health situation raises controversy

The rapid-fire pieces of news about the big debts incurred by Hoang Anh Gia Lai and the slow sale of its real estate products have raised doubts about the health of...

Moody's places ratings of SHB on review for possible downgrade

Moody's Investors Service has today placed the B2 deposit and issuer ratings of Saigon-Hanoi Commercial Joint Stock Bank (SHB) on review for possible downgrade. The...

Moody's downgrades ACB

Moody's Investors Service has downgraded the standalone bank financial strength rating (BFSR) of Asia Commercial Joint Stock Bank (ACB) to E+ from D-, which now...


MOST READ


Back To Top