Vinh Hoan’s revenue in April nearly doubled to VND 1,651 billion
Vinh Hoan (HoSE: VHC) announced April revenue (including Sa Giang) reached VND 1,651 billion, up 98% year-on-year and up 20% month-on-month.
In terms of market, the US continued to record a strong growth of 240%, reaching VND 983 billion over the same period last year and up 51% from the previous month. However, the Chinese and US markets recorded a decrease of 20% and 3% respectively compared to April 2021.
Accumulating 4 months, pangasius enterprises reported total revenue of 4,924 billion dong, up 88% over the same period last year.
In the first quarter, Vinh Hoan recorded VND 3,268 billion in revenue, up 83% over the same period last year; Profit after tax for shareholders of parent company is 548 billion dong, 4.2 times higher. This result came from the increase in output and selling prices, and most markets recovered, especially the US and EU.
Recently, the company announced a plan to sell 1.4 million treasury shares to increase working capital for production and business activities. Trading time after being approved by the Securities Commission.
at Blogtuan.info – Source: cafebiz.vn – Read the original article here