December 2, 2013

Vietnam's Agifish posts 24% profit rise in Q3 2013

Vietnam's An Giang Fisheries Import and Export Joint Stock Company (Agifish) reached a net revenue of VND841 billion (US$40 million) in the third quarter of 2013, generating post-tax profit of VND8.78 billion (US$416,000), according to the company's financial statement in 2013.

Through September this year, Agifish totalled VND2,347 billion (US$111 million) of revenue and VND34.18 billion (US$1.6 million) of post-tax profit. Earnings per share (EPS) were set at VND2,658 (US$0.13).

In the third quarter of 2013, Agifish's profit was a little lower than in the same quarter of 2012, but cumulative profit through September increased by nearly 24%. In the first nine months of 2012, the company reported VND2,153 billion (US$102 million) of revenue and VND27.62 billion (US$1.3 million) of post-tax profit. EPS were VND2,161 (US$0.10).