April 26, 2011

Vietnamese Cuulong Fish Joint-Stock Company's revenue down 14% in Q1

Cuulong Fish Joint-Stock Company (ACL) has made a net profit of VND20.29 billion (US$970,813) in the first quarter this year, 14% less compared with the same period last year.

The company had revenues of VND252.03 billion (US$12.06 million) in the period, versus VND252.78 billion (US$12.09 million) in Q1, 2010, the company said in its quarterly financial report.

Foreigners held a combined 4.18% stake in the Hochiminh Stock Exchange-listed seafood firm as of April 22.