• In the first quarter, Hung Vuong Corporation (HVG) made approximately VND129.51 billion in after-tax profit, up 12.5% year-on-year as its selling expense was cut down by 26% to VND76 billion.

    The parent company contributed VND121.5 billions to the total after-tax profit, up 14.55% year- on-year.

    HVG’s net revenue rose by 2.93% to VND1.813 trillion in the same period.

    In 2012, HVG plans to expand export markets, boost its seafood processing capacity, and ensure enough inventories.

    On April 19, 2012, HVG passed its 2012 business plan with targeted revenue of VND7.5 trillion and pre-tax profit of VND550 billion.
     
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