May 20, 2011

HLG-Seafood gains net profit of US$1.95 million

HLG-Seafood, an affiliate of Hoang Long Group (HLG), had a net profit of VND40 billion ($1.95 million) on earnings of VND404 billion (US$19.5 million) from January-April this year.

The Hochiminh Stock Exchange-listed HLG targets a pretax profit of VND102.8 billion (US$4.9 million) on revenues of VND1.81 trillion (US$87.1 million) this year.

The company has a registered capital of VND443.7 billion (US$21.4 million).