February 9, 2012

A net profit of VND11.87 billion (US$569,000) has been earned last year by Bentre Forestry and Aquaproduct Import Export JSC (FBT), compared to a loss of VND46.87 billion (US$2.2 million) in 2010.

Revenues slid 47.2% on year to VND202.63 billion (US$9.72 million) in 2011, FBT said in its quarterly financial report.

The full-year earnings per share were VND1,054 (US$0.05).

In the fourth quarter, FBT earned a net profit of VND1.08 billion (US$51,800) on revenues of VND42.05 billion (US$2.02 million), versus a loss of VND6.9 billion (US$331,000) on revenues of VND73.29 billion (US$3.5 million) in the same period of 2010.

At end-2011, its total assets were VND240.8 billion (US$11.5 million), including equity of VND98.34 billion (US$4.7 million).