October 25, 2011

Vietnam's VTF net profit surges

Viet Thang Aquafeed JSC (VTF) made a net profit of VND127 billion (US$6.08 million) from January-September this year, jumping 2.4 times from last year.

Revenues fell slightly 0.5% on year to VND2.04 trillion (US$97.4 million) during January-September, it said in its quarterly financial report.

The nine-month earnings per share was VND7,047 (US$0.37), compared to VND2,979 (US$0.14) last January-September.