Welcome   Sponsored By
Subscribe | Register | Advertise | Newsletter | About us | Contact us
   


Image: VASEP

FIMEX VN sales reached VND 435 billion in April, shrimp consumption is forecasted to increase sharply in May

Click on the flag for more information about Viet Nam VIET NAM
Tuesday, May 24, 2022, 07:00 (GMT + 9)

VASEP, the Vietnam Association of Seafood Exporters and Producers, reports that Sao Ta's sales in April 2022 increased by 10% compared to the same period last year and it is forecast that May's operation will improve significantly when the agricultural products segment arrives at the time of mass delivery and shrimp from the farm will focus on harvesting.

According to the April business results announced by Sao Ta Food Joint Stock Company (FIMEX VN), the output of processed shrimp products reached 1,742 tons, up 8% over the same period last year. The output of finished agricultural products increased by 28% over the same period last year, reaching 233 tons thanks to the fact that Tam An Factory went into operation.

April sales were USD 18.9 million (about VND 435 billion) and increased by 10% over the same period last year. Accumulated from the beginning of the year to the end of April, sales reached 77.6 million (about VND 1,782 billion).

Enterprises commented that, in general, this month there was no sudden change in activity due to the period of material seasonality. During the month, Sao Ta has harvested 50 shrimp ponds, the remaining ponds will be completed within the next 40 days, and then will continue to stock the second crop. Besides, the new 52 ha area is in the process of making a pond, which will be completed and stocked in the second crop.

The enterprise also said that it is currently focusing on completing the establishment of the new factory. From May, activities will clearly improve, especially the agricultural product segment, until the time of mass delivery and shrimp from the farm will focus on harvesting. The output of processed and consumed shrimp also has potential to increase sharply.

Photo courtesy from VASEP

At the end of the first quarter, Sao Ta's net revenue reached VND 1,327 billion, and profit after tax reached VND 42 billion, both increasing by 37% over the same period last year thanks to increased sales as well as raw material reserves and signed contracts. The contracted freight rates are expected to experience fluctuations.

Source: VASEP - Compiled by Minh Trang

editorial@seafood.media
www.seafood.media


 Print


Click to know how to advertise in FIS
MORE NEWS
Viet Nam
Apr 25, 07:00 (GMT + 9):
Seafood Enterprises 'Particularly Concerned' About Newly Issued Decree 37/2024/NĐ-CP
Spain
Apr 25, 07:00 (GMT + 9):
Loch Duart Shares Results of Its Innovative Blue Impact Feed
Spain
Apr 25, 02:10 (GMT + 9):
Opmega Showcases Product and Sustainable Practices at Seafood Barcelona
Argentina
Apr 25, 01:00 (GMT + 9):
IN BRIEF - Milko Schvartzman on '... a Southwest Atlantic fisheries management pact'
Peru
Apr 25, 01:00 (GMT + 9):
PRODUCE: ´Over USD 6 Million Invested in Chancay's Artisanal Fishing Dock´
Spain
Apr 25, 01:00 (GMT + 9):
AGAC achieves Marine Stewardship Council certification for skipjack tuna from all ocean regions
Argentina
Apr 25, 01:00 (GMT + 9):
Northern Shrimp Season Experiences Ups and Downs
Spain
Apr 25, 01:00 (GMT + 9):
OPAGAC: 'The Spanish tuna fleet calls on the EU to end its indifference to the violation of human rights on Chinese vessels'
Spain
Apr 25, 01:00 (GMT + 9):
Falklands' fishing companies after a Southwest Atlantic fisheries management pact
Spain
Apr 24, 07:00 (GMT + 9):
MacNeil Shellfish invests USD 6.22 million in new European distribution hub
Norway
Apr 24, 07:00 (GMT + 9):
Lerøy Developed a Product Using Salmon Blood
United Arab Emirates
Apr 24, 07:00 (GMT + 9):
Vietnamese Pangasius Receives Attention in the UAE Market
Russian Federation
Apr 24, 07:00 (GMT + 9):
A fishing enterprise in Primorye is preparing for bankruptcy
Peru
Apr 24, 01:00 (GMT + 9):
PRODUCE: 'Chancay Megaport Will Position the Country as a Leader in the Region'
Spain
Apr 24, 01:00 (GMT + 9):
The Galician cephalopod fleet bets on Gourmets for batch cooking to reactivate fish consumption



Lenguaje
FEATURED EVENTS
  
TOP STORIES
A new fishing zone opens to the European Union vessels in North Pacific
Japan The EU was granted fishing opportunities for chub mackerel at the North Pacific Fisheries Commission (NPFC) annual session, held from 15 to 18 April 2024 in Osaka, Japan. Chub mackerel is an important...
Statistics │ Exports │ Mackerel │ Japan, China, Netherlands, Vietnam │ 2022-24
Norway Source: FIS by SeafoodMediaGroup  | Click to enlarge it    editorial@seafood.media www.seafood.media...
MacNeil Shellfish invests USD 6.22 million in new European distribution hub
Spain The following is an excerpt from an article published by Scottish Financial News: Scottish sustainable seafood specialists MacNeil Shellfish, has opened a cutting-edge distribution hub in S...
Reduction in Fishing License Quotas
Viet Nam On April 11, 2024, Deputy Minister of Agriculture and Rural Development Phung Duc Tien signed Decision 1037/QD-BNN-TS on announcement and adjustment of quota allocation for fishing licenses in the reg...
 

Maruha Nichiro Corporation
Nichirei Corporation - Headquarters
Pesquera El Golfo S.A.
Ventisqueros - Productos del Mar Ventisqueros S.A
Wärtsilä Corporation - Wartsila Group Headquarters
ITOCHU Corporation - Headquarters
BAADER - Nordischer Maschinenbau Rud. Baader GmbH+Co.KG (Head Office)
Inmarsat plc - Global Headquarters
Marks & Spencer
Tesco PLC (Supermarket) - Headquarters
Sea Harvest Corporation (PTY) Ltd. - Group Headquarters
I&J - Irvin & Johnson Holding Company (Pty) Ltd.
AquaChile S.A. - Group Headquarters
Pesquera San Jose S.A.
Nutreco N.V. - Head Office
CNFC China National Fisheries Corporation - Group Headquarters
W. van der Zwan & Zn. B.V.
SMMI - Sunderland Marine Mutual Insurance Co., Ltd. - Headquarters
Icicle Seafoods, Inc
Starkist Seafood Co. - Headquearters
Trident Seafoods Corp.
American Seafoods Group LLC - Head Office
Marel - Group Headquarters
SalMar ASA - Group Headquarters
Sajo Industries Co., Ltd
Hansung Enterprise Co.,Ltd.
BIM - Irish Sea Fisheries Board (An Bord Iascaigh Mhara)
CEFAS - Centre for Environment, Fisheries & Aquaculture Science
COPEINCA ASA - Corporacion Pesquera Inca S.A.C.
Chun Cheng Fishery Enterprise Pte Ltd.
VASEP - Vietnam Association of Seafood Exporters & Producers
Gomes da Costa
Furuno Electric Co., Ltd. (Headquarters)
NISSUI - Nippon Suisan Kaisha, Ltd. - Group Headquarters
FAO - Food and Agriculture Organization - Fisheries and Aquaculture Department (Headquarter)
Hagoromo Foods Co., Ltd.
Koden Electronics Co., Ltd. (Headquarters)
A.P. Møller - Maersk A/S - Headquarters
BVQI - Bureau Veritas Quality International (Head Office)
UPS - United Parcel Service, Inc. - Headquarters
Brim ehf (formerly HB Grandi Ltd) - Headquarters
Hamburg Süd Group - (Headquearters)
Armadora Pereira S.A. - Grupo Pereira Headquarters
Costa Meeresspezialitäten GmbH & Co. KG
NOAA - National Oceanic and Atmospheric Administration (Headquarters)
Mowi ASA (formerly Marine Harvest ASA) - Headquarters
Marubeni Europe Plc -UK-
Findus Ltd
Icom Inc. (Headquarter)
WWF Centroamerica
Oceana Group Limited
The David and Lucile Packard Foundation
Ajinomoto Co., Inc. - Headquarters
Friosur S.A. - Headquarters
Cargill, Incorporated - Global Headquarters
Benihana Inc.
Leardini Pescados Ltda
CJ Corporation  - Group Headquarters
Greenpeace International - The Netherlands | Headquarters
David Suzuki Foundation
Fisheries and Oceans Canada -Communications Branch-
Mitsui & Co.,Ltd - Headquarters
NOREBO Group (former Ocean Trawlers Group)
Natori Co., Ltd.
Carrefour Supermarket - Headquarters
FedEx Corporation - Headquarters
Cooke Inc. - Group Headquarters
AKBM - Aker BioMarine ASA
Seafood Choices Alliance -Headquarter-
Austevoll Seafood ASA
Walmart | Wal-Mart Stores, Inc. (Supermarket) - Headquarters
New Japan Radio Co.Ltd (JRC) -Head Office-
Gulfstream JSC
Marine Stewardship Council - MSC Worldwide Headquarters
Royal Dutch Shell plc (Headquarter)
Genki Sushi Co.,Ltd -Headquarter-
Iceland Pelagic ehf
AXA Assistance Argentina S.A.
Caterpillar Inc. - Headquarters
Tiger Brands Limited
SeaChoice
National Geographic Society
AmazonFresh, LLC - AmazonFresh

Copyright 1995 - 2024 Seafood Media Group Ltd.| All Rights Reserved.   DISCLAIMER