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February 22, 2012

 

AGD's 2011 consolidated net profit soars 208.8%
 

 

Godaco Seafood JSC (AGD) said its net profit soared 208.8% from a year earlier to VND131.38 billion (US$6.3 million) last year.

 

Revenues soared 41% on year to VND838.98 billion (US$40.3 million) in 2011, AGD said in its consolidated quarterly financial report.

 

The full-year earnings per share was VND12,714 (US$0.61), compared to VND5,317 (US$0.26) in 2010.

 

In the fourth quarter, AGD earned a net profit of VND31.26 billion (US$1.5 million) on revenues of VND198.46 billion (US$9.5 million), up 63.7% and down 5.7% on year, respectively.

 

At end-2011, its total assets grew 47.1% from end-2010 to VND674.66 billion (US$32.4 million), including equity of VND283.77 billion (US$13.6 million).

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