August 26, 2011

Godaco Seafood JSC net profit surges in H1

Godaco Seafood JSC (AGD), listed on the Ho Chi Minh Stock Exchange, said its consolidated net profit soared 4.8 times from last year to VND73.51 billion (US$3.57 million) between January and June this year.

Revenues surged 84.5% on year to VND434.51 billion (US$20.9 million) during January-June, it said in its audited consolidated quarterly financial report.

The six-month earnings per share was VND8,053 (US$0.39), compared to VND1,902 (US$0.091) last H1.

Its total assets rose 33.4% from end-2010 to VND611.72 billion (US$29.4 million), including equity of VND225.96 billion (US$10.8 million) at end-June.