'Shrimp king' Minh Phu reports first loss after 7 years

'Shrimp king' Minh Phu reports first loss after 7 years

Minh Phu Seafood Corporation, Vietnam’s leading shrimp exporter, reported a net loss of VND195 billion ($7.54 million) in 2023, the first loss after seven fiscal years.

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

Vietnam seafood majors post Q2 profit plunge

Vietnam seafood majors post Q2 profit plunge

Seafood majors Minh Phu, Vinh Hoan and Sao Ta all reported sharp profit drops in the second quarter of this year, while Nam Viet made a loss after six consecutive profitable quarters.

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

'Shrimp King' Minh Phu proposes research center in Vietnam's Mekong Delta

'Shrimp King' Minh Phu proposes research center in Vietnam's Mekong Delta

Minh Phu Seafood Corporation, Vietnam’s leading shrimp exporter, has proposed developing a shrimp research center in the Mekong Delta province of Ben Tre.

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

Vietnam seafood majors report Q1 profit plunge as exports decline

Vietnam seafood majors report Q1 profit plunge as exports decline

Vinh Hoan and Nam Viet reported a sharp profit drop in the first quarter of this year, while Minh Phu posted a first loss in seven years as Vietnam's seafood exports decreased compared to the same period last year.

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

'Shrimp king' Minh Phu reports first loss in 7 years

'Shrimp king' Minh Phu reports first loss in 7 years

Minh Phu Seafood Corporation, Vietnam’s leading shrimp exporter, reported an after-tax loss of VND95 billion ($4.05 million) in the first quarter of this year, the first loss since the beginning of 2017.

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

'Shrimp king' Minh Phu forecasts $49 mln profit in 2023

'Shrimp king' Minh Phu forecasts $49 mln profit in 2023

Minh Phu Seafood Corporation, Vietnam’s leading shrimp exporter, is expecting consolidated revenue of more than VND17.99 trillion ($767 million) and after-tax profit of nearly VND1.15 trillion (49 million) in 2023, up 9% and up 38% year-on-year, respectively.

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

'Shrimp king' Minh Phu approves charter capital hike in 2 subsidiaries

'Shrimp king' Minh Phu approves charter capital hike in 2 subsidiaries

Minh Phu Seafood Corporation, Vietnam’s leading shrimp exporter, has approved to increase charter capital in its subsidiaries Minh Phu Aquatic Larvae Co., Ltd and Ebisumo Logistics Co., Ltd.

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

'Shrimp king' Minh Phu reports highest quarterly profit in 4 years

'Shrimp king' Minh Phu reports highest quarterly profit in 4 years

Minh Phu Seafood Corporation, Vietnam’s leading shrimp exporter, reported after-tax profit of VND332 billion ($13.38 million) in the third quarter of the year, up 15% year-on-year, the highest quarterly profit in four years.

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

‘Shrimp king’ Minh Phu, Shiok Meats to develop R&D facility in Vietnam

‘Shrimp king’ Minh Phu, Shiok Meats to develop R&D facility in Vietnam

Vietnam’s leading shrimp exporter Minh Phu Seafood has signed a deal with Singapore-based cultivated meat and seafood firm Shiok Meats to carry out research and development on cell-based shrimp products.

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