HOANG LONG SEAFOOD: VND40Bln after-tax profit in Jan-Apr

Despite numerous economic difficulties, Hoang Long Seafood still strives to fulfill its yearly plan approved at the shareholders meeting.

Currently, Hoang Long Seafood involves in multiple businesses, ranging from seafood, tobacco, and fertilizers to transportation, natural resources exploitation, real estates, construction, water supply. However, from the beginning of the year, the company set to focus on development aquaculture and seafood processing for exports.

In 2011, Hoang Long Seafood aims to earn VND1,810 billion in revenue, including VND102,8 billion of after-tax profit. However, in the first four months, the company already gained nearly VND404 billion in revenue and VND40 billion in after-tax profit.

So far, Hoang Long Seafood has been certified BRC, ISO 22000:2005, IFS and most recently GlobalG.A.P by German Intertek Food. Therefore, the company have more opportunities to penetrate in large markets, such as the US and Europe.
Source: Vietfish International
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