Seanamico to Hit Sales of VND780 billion in 2016

The Fish Site
by The Fish Site
26 July 2016, at 1:00am

VIETNAM - Organic shrimp farming company Seanamico has set a sales target for 2016 of VND780 billion and is expecting the production of finished products to be 2,550 MT and post-tax profit of VND15 billion.

The company plans to increase sales in 2016 but reduce profit because it is expected that the seafood market in 2016 will fluctuate, purchasing power of frozen shrimp will decline and technical barriers increase.

The company has advantage in improved-extensive shrimp and organic shrimp farming with high price, reports VASEP.