Major vegetable oil firm Vocarimex to spend $51 mln on dividends

Major vegetable oil firm Vocarimex to spend $51 mln on dividends

Vocarimex, a subsidiary of Vietnam's leading food and cooking oil producer Kido Group, will spend about VND1,218 billion ($51.31 million) to pay shareholder dividends in cash at the rate of 100%.

Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7

Kido divests from owner of cooking oil brands Neptune, Simply

Kido divests from owner of cooking oil brands Neptune, Simply

Kido Group, Vietnam's leading food and cooking oil producer, has entirely divested from Calofic Corporation - owner of many cooking oil brands like Neptune, Simply, and Meizan, to restructure its cooking oil segment.

Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7

Kido Group sets up $10.5 mln lard, vegetable oil firm

Kido Group sets up $10.5 mln lard, vegetable oil firm

The Kido Group, Vietnam's leading food and cooking oil producer, has announced the establishment of a VND250 billion ($10.47 million) lard and vegetable oil production company.

Industries - Mon, Dec 22, 2021 | 11:30 am GMT+7

Kido records $271 mln revenue in H1, 83% from cooking oil

Kido records $271 mln revenue in H1, 83% from cooking oil

Kido Group, Vietnam's leading food and cooking oil producer, reported a net revenue of VND6,352 billion ($271 million) in the first six months of the year, up 30% year-on-year, with cooking oil comprising 83%.

Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7

Food producer Kido Group restructures business activities

Food producer Kido Group restructures business activities

Kido Group will take over the entire distribution, promotion, and market expansion activities of subsidiary Tuong An Vegetable Oil JSC, Vietnam’s second largest cooking oil maker by market share, which will focus on production and be delisted from the stock market.

Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7

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