Agri major Loc Troi posts record 2023 revenue of $651 mln

Agri major Loc Troi posts record 2023 revenue of $651 mln

Major Vietnamese rice business Loc Troi Group JSC (LTG) reported record revenues of over VND16 trillion ($651 million) in 2023, a year-on-year increase of 37%.

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

Vietnam agribusiness Loc Troi signs MoUs to produce five mln tons of rice per year

Vietnam agribusiness Loc Troi signs MoUs to produce five mln tons of rice per year

Major Vietnamese rice conglomerate Loc Troi Group JSC (LTG) and its members signed memoranda of understanding (MoUs) with representatives of provinces and domestic and foreign partners to produce and supply nearly five million tons of rice per year from 2024 during the Loc Troi Customer Festival 2023 on Tuesday.

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

Time to reaffirm Vietnamese rice's stability and long-term viability: Loc Troi Group CEO

Time to reaffirm Vietnamese rice's stability and long-term viability: Loc Troi Group CEO

Vietnam has the potential to sell more rice and reaffirm the stability and long-term viability of the staple, said Nguyen Duy Thuan, CEO of Loc Troi Group JSC - a leading agricultural services and food corporation in the country.

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

Vietnam agri-major Loc Troi prepares rice shipments to Indonesia, Malaysia

Vietnam agri-major Loc Troi prepares rice shipments to Indonesia, Malaysia

Loc Troi JSC, a leading agricultural services and food corporation in Vietnam, will export rice to Indonesia and Malaysia in a new move amidst rising prices in key exporting countries.

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

Agri major Loc Troi turns loss into record high profit, Vinafood 2 profit up 2 times

Agri major Loc Troi turns loss into record high profit, Vinafood 2 profit up 2 times

Agricultural services and food majors Loc Troi JSC and Vinafood 2 posted a remarkable profit in the second quarter of the year, while their peers Trung An Rice and An Giang Import-Export incurred a loss.

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

Loc Troi secures contracts to keep rice exports going

Loc Troi secures contracts to keep rice exports going

Loc Troi Group, a leading agricultural services and food corporation in Vietnam, has secured new export contracts to fulfil until this November, says CEO Nguyen Duy Thuan.

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

Agri group Loc Troi to pay 25% dividend rate in shares

Agri group Loc Troi to pay 25% dividend rate in shares

Loc Troi Group JSC, a leading agricultural services and food corporation in Vietnam, will pay last year’s dividend of 25% in shares to add more than VND1 trillion ($42.65 million) to its charter capital.

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

Vietnamese rice firms report profit declines in 2022 despite record-breaking exports

Vietnamese rice firms report profit declines in 2022 despite record-breaking exports

Although export turnover broke a record, many Vietnamese rice exporters saw their profits decline last year due to high costs.

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

Large offshore loans fuel Vietnamese banks, firms

Large offshore loans fuel Vietnamese banks, firms

Major international financial institutions have been providing several Vietnamese banks and companies with large loans to bolster their growth.

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