April 4, 2012

In the first two months of this year, turnovers of over US$24 million from exports have been obtained by Vinh Hoan Corporation (VHC), up 9% on year.

The US was the company's biggest export market, with US$11.5 million [accounting for 47% of VHC's total export value], followed by EU (22%), Asia (16%), Australia (2%), Canada (5%) and other markets, the company said in a statement.

VHC has a total listed volume of 47.15 million shares on the Hochiminh Stock Exchange, with a market capitalisation of VND1.56 trillion (US$75 million) as of February 29.

The company made a consolidated net profit of VND364.25 billion (US$17.5 million) on revenues of VND4.13 trillion (US$198 million) last year, soaring 70.2% and 37.1% on year, respectively.