April 9, 2012

Vietnam's FMC reports 15% on-year growth in Q1 revenue

Revenues of over US$17 million in the first quarter of 2012 have been obtained by Sao Ta Foods Joint Stock Company (FMC), representing an on-year growth of 15%.

The figure of profit was not mentioned on the company's website. The company had revenues of US$12.6 million in the first two months, including US$6.3 million in February.

FMC made a net profit of VND27.59 billion (US$1.3 million) on revenues of VND1.92 trillion   (US$ 92.4 million) last year, up 3% and 30.6% from a year earlier, respectively.