August 8, 2011

Mekong Fisheries JSC purchases 1.1 million shares

One million and one hundred thousand shares were purchased by Mekong Fisheries JSC (AAM) between May 10 and August 2.

As a result, AAM raised its number of treasury shares to 2.2 million.

The seafood firm made a net profit of VND34.08 billion (US$1.65 million) on revenues of VND317.97 billion (US$15.4 million) in the first half of this year, rising 23% and 36.94% from a year earlier, respectively.

At end-June, it had total assets of VND334.53 billion (US$16.2 million), up 0.96% from end-2010.

This year, AAM targets a net profit of VND38 billion (US$1.8 million) on revenues of VND550 billion (US$26.7 million) and a dividend equivalent to VND2,500/share (US$0.12) at least.